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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in North Township, IN

How much do homes in North Township, IN cost?

Median Sold Price

$255,000

$153/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$244,000(-48.9%)

Key Takeaway

Homes in North Township have sold for 48.9% less than they did a month ago.

Summary: The median home sold price in North Township was $255,000 in December 2024, down 48.9% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$115.2K
N/A
3 -$567.5K
N/A
4 $499K$307.5K
-38.4%
5+ --
N/A

Summary: North Township housing prices by bedroom type for December 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 38.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Polk Township
+118.8%
Union Township
-44.2%
North Township
-48.9%

Housing Supply in North Township, IN

How many homes are available in North Township, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
89+12.5%

Summary: The North Township real estate market had 9 homes for sale in December 2024, a 12.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 35
+66.7%
4 32
-33.3%
5+ 00
0.0%

Summary: The North Township housing inventory by bedroom type for December 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 66.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in North Township in December 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for North 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 14 Days Ago

Newest Listings in North Township, IN

Nearby Markets to North Township, IN

What housing markets are near North Township, IN?