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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millgrove Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Millgrove Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Millgrove Township, IN

How much do homes in Millgrove Township, IN cost?

Median Sold Price

$256,000

$162/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$182,000(+245.9%)

Key Takeaway

Homes in Millgrove Township have sold for 245.9% more than they did a month ago.

Summary: The median home sold price in Millgrove Township was $256,000 in November 2024, up 245.9% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$74.9K
N/A
2 -$320K
N/A
3 $74K-
N/A
4 -$256K
N/A
5+ --
N/A

Summary: Millgrove Township housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Millgrove Township
+245.9%
Orland
+123.6%
Jamestown Township
-14.3%
Gilead Township
-80.1%

Housing Supply in Millgrove Township, IN

How many homes are available in Millgrove Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The Millgrove Township real estate market had 8 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 21
-50.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Millgrove Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millgrove 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 Millgrove Township in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Millgrove 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 Millgrove Township, IN

Nearby Markets to Millgrove Township, IN