$1,603 Closing Credit*
$135,000
2 Beds
•1 Full Bath
Doreen Hallenberger, Listing Office: RE/MAX REVOLUTION
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
$190,900
$125/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$30,700(-13.9%)
Key Takeaway
Homes in Patoka Township have sold for 13.9% less than they did a month ago.
Summary: The median home sold price in Patoka Township was $190,900 in November 2024, down 13.9% from last month, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74.5K | - | N/A |
| 2 Bedrooms | $169.9K | $147.2K | -13.3% |
| 3 Bedrooms | $276.2K | $191.7K | -30.6% |
| 4 Bedrooms | $292.9K | $240K | -18.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Patoka 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 decreased by 13.3%, 3 bedroom homes decreased by 30.6%, 4 bedroom homes decreased by 18.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| White River Township | $169.9K | $152K | -10.5% |
| Patoka Township | $221.6K | $190.9K | -13.9% |
| Princeton | $263.5K | $190.9K | -27.6% |
Housing Supply in Patoka Township, IN
How many homes are available in Patoka Township, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 58 | -4.9% |
Summary: The Patoka Township real estate market had 58 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Patoka Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 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. 38.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Patoka Township in November 2024, up by 6.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% 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.