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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Olive Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Olive Township, IN

How much do homes in Olive Township, IN cost?

Median Sold Price

$340,000

$160/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$75,100(+28.4%)

Key Takeaway

Homes in Olive Township have sold for 28.4% more than they did a month ago.

Summary: The median home sold price in Olive Township was $340,000 in November 2024, up 28.4% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $189.9K-
N/A
2 --
N/A
3 -$278.9K
N/A
4 $339.9K-
N/A
5+ -$340K
N/A

Summary: Olive 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

Olive Township
+28.4%
Baugo Township
+6.0%

Housing Supply in Olive Township, IN

How many homes are available in Olive Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
67+16.7%

Summary: The Olive Township real estate market had 7 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 01
+100.0%
3 24
+100.0%
4 10
-100.0%
5+ 22
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

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 Olive 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 Olive Township in November 2024, up by 50.0% 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 Olive 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 2 Days Ago

Newest Listings in Olive Township, IN

Nearby Markets to Olive Township, IN

What housing markets are near Olive Township, IN?