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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lynn Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Lynn Township, IN

How much do homes in Lynn Township, IN cost?

Median Sold Price

$165,000

$66/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$114,900(-41.1%)

Key Takeaway

Homes in Lynn Township have sold for 41.1% less than they did a month ago.

Summary: The median home sold price in Lynn Township was $165,000 in October 2024, down 41.1% from last month, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$70K
N/A
3 --
N/A
4 $279.9K$215K
-23.2%
5+ --
N/A

Summary: Lynn 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 did not change, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Black Township
-7.6%
Harmony Township
-13.3%
Lynn Township
-41.1%
Wadesville
-42.2%

Housing Supply in Lynn Township, IN

How many homes are available in Lynn Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
46+50.0%

Summary: The Lynn Township real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 03
+100.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Lynn 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lynn Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Lynn Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Lynn 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 Lynn Township, IN

Nearby Markets to Lynn Township, IN

What housing markets are near Lynn Township, IN?