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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newville Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Newville Township, IN

How much do homes in Newville Township, IN cost?

Median Sold Price

$135,000

$122/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$78,500(-36.8%)

Key Takeaway

Homes in Newville Township have sold for 36.8% less than they did a month ago.

Summary: The median home sold price in Newville Township was $135,000 in October 2024, down 36.8% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$135K
N/A
3 $213.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Newville 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Spencerville
+89.1%
Scipio Township
+72.7%
Newville Township
-36.8%

Housing Supply in Newville Township, IN

How many homes are available in Newville Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Newville Township real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Newville 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Newville Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Newville Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Newville 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 Newville Township, IN

Nearby Markets to Newville Township, IN