Is Luce Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Luce Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Luce Township has remained a Seller's Market.

Key Takeaway

Luce Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Luce Township, IN

How much do homes in Luce Township, IN cost?

Median Sold Price

$109,000

$98/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$11,500(+11.8%)

Key Takeaway

Homes in Luce Township have sold for 11.8% more than they did a month ago.

Summary: The median home sold price in Luce Township was $109,000 in October 2024, up 11.8% from last month, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$150K
N/A
3 $97.5K$68K
-30.3%
4 --
N/A
5+ --
N/A

Summary: Luce Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ohio Township
+21.7%
Luce Township
+11.8%
Richland
+11.8%
Anderson Township
-1.5%

Housing Supply in Luce Township, IN

How many homes are available in Luce Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Luce Township real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 76
-14.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Luce Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Luce Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Luce Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Luce Township, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Luce Township, IN

Nearby Markets to Luce Township, IN

What housing markets are near Luce Township, IN?