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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Patoka Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Patoka Township was a Seller's Market.

Key Takeaway

Patoka Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Patoka Township, IN

How much do homes in Patoka Township, IN cost?

Median Sold Price

$247,900

$120/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$9,900(+4.2%)

Key Takeaway

Homes in Patoka Township have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in Patoka Township was $247,900 in November 2024, up 4.2% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $169.9K-
N/A
3 $228.3K-
N/A
4 $289K$247.9K
-14.2%
5+ --
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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Huntingburg
+30.9%
Patoka Township
+4.2%
Bainbridge Township
+1.9%

Housing Supply in Patoka Township, IN

How many homes are available in Patoka Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2622-15.4%

Summary: The Patoka Township real estate market had 22 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 159
-40.0%
4 77
0.0%
5+ 24
+100.0%

Summary: The Patoka Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
122-83.3%

Asking Price vs. Sold Price

1 Home Was 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 Patoka Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Patoka Township in November 2024, down by 83.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Patoka Township, IN

Nearby Markets to Patoka Township, IN

What housing markets are near Patoka Township, IN?