Is I-69/Fall Creek, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing I-69/Fall Creek is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, I-69/Fall Creek has remained a Seller's Market.

Key Takeaway

I-69/Fall Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in I-69/Fall Creek, IN

How much do homes in I-69/Fall Creek, IN cost?

Median Sold Price

$314,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,250(+5.1%)

Key Takeaway

Homes in I-69/Fall Creek have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in I-69/Fall Creek was $314,000 in November 2024, up 5.1% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $167.4K$157K
-6.2%
2 $202K$214K
+5.9%
3 $290K$298.5K
+2.9%
4 $363K$345K
-5.0%
5+ $450K$400K
-11.1%

Summary: I-69/Fall Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 11.1%.

Median Sold Price Compared To Nearby Neighborhoods

I-69/Fall Creek
+5.1%
Eaglenest
-0.4%

Housing Supply in I-69/Fall Creek, IN

How many homes are available in I-69/Fall Creek, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
68680.0%

Summary: The I-69/Fall Creek real estate market had 68 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 97
-22.2%
3 3537
+5.7%
4 1817
-5.6%
5+ 45
+25.0%

Summary: The I-69/Fall Creek housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1021+110.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in I-69/Fall Creek, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in I-69/Fall Creek in November 2024, up by 110.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 38% were sold at asking, and 19% were sold over asking.

Days on Market for I-69/Fall Creek, IN

How long does it take to sell a home in I-69/Fall Creek, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days40 Days+160.8%

Summary: Homes in I-69/Fall Creek had an average of 40 days on market in Nov 2024, up by 160.8% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in I-69/Fall Creek are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in I-69/Fall Creek; 67% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

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