$1,661 Closing Credit*
$139,900
3 Beds
•2 Full Baths
James Chappell, Listing Office: Mission Real Estate Group Inc.
Is Patoka Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Patoka Township has remained a Seller's Market.
Key Takeaway
Patoka Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Patoka Township, IN
How much do homes in Patoka Township, IN cost?
Median Sold Price
$221,600
$136/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$61,350(+38.3%)
Key Takeaway
Homes in Patoka Township have sold for 38.3% more than they did a month ago.
Summary: The median home sold price in Patoka Township was $221,600 in October 2024, up 38.3% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $74.5K | N/A |
| 2 Bedrooms | $111K | $169.9K | +53.1% |
| 3 Bedrooms | $197.5K | $276.2K | +39.9% |
| 4 Bedrooms | $142.5K | $292.9K | +105.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Patoka 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 increased by 53.1%, 3 bedroom homes increased by 39.9%, 4 bedroom homes increased by 105.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Princeton | $160.2K | $263.5K | +64.4% |
| Patoka Township | $160.2K | $221.6K | +38.3% |
| White River Township | $365K | $169.9K | -53.5% |
Housing Supply in Patoka Township, IN
How many homes are available in Patoka Township, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 61 | +7.0% |
Summary: The Patoka Township real estate market had 61 homes for sale in October 2024, a 7.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 15 | 21 | +40.0% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Patoka 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 40%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Patoka Township, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Patoka Township in October 2024, down by 11.1% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Patoka Township, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.