Is Mapleton / Fall Creek, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mapleton / Fall Creek is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mapleton / Fall Creek was a Seller's Market.

Key Takeaway

Mapleton / Fall Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mapleton / Fall Creek, IN

How much do homes in Mapleton / Fall Creek, IN cost?

Median Sold Price

$300,000

$109/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Mapleton / Fall Creek has remained the same since last year.

Summary: The median home sold price in Mapleton / Fall Creek was $300,000 in October 2024, the same as last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $160K$142.5K
-10.9%
3 $268.7K$299.5K
+11.4%
4 $352K$306.5K
-12.9%
5+ $375K$390K
+4.0%

Summary: Mapleton / Fall Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 4%.

Housing Supply in Mapleton / Fall Creek, IN

How many homes are available in Mapleton / Fall Creek, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4756+19.1%

Summary: The Mapleton / Fall Creek real estate market had 56 homes for sale in October 2024, a 19.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2430
+25.0%
4 2023
+15.0%
5+ 11
0.0%

Summary: The Mapleton / Fall Creek 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 25%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
63-50.0%

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 Mapleton / Fall Creek, 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 Mapleton / Fall Creek in October 2024, down by 50.0% 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 Mapleton / Fall Creek, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days71 Days+91.9%

Summary: Homes in Mapleton / Fall Creek had an average of 71 days on market in Oct 2024, up by 91.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Mapleton / Fall Creek; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

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