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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pipe Creek Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Pipe Creek Township, IN

How much do homes in Pipe Creek Township, IN cost?

Median Sold Price

$147,000

$112/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$36,000(-19.7%)

Key Takeaway

Homes in Pipe Creek Township have sold for 19.7% less than they did a month ago.

Summary: The median home sold price in Pipe Creek Township was $147,000 in November 2024, down 19.7% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $183K$136K
-25.7%
4 -$171.5K
N/A
5+ -$374K
N/A

Summary: Pipe Creek 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 decreased by 25.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Washington Township
-1.8%
Peru Township
-17.6%
Pipe Creek Township
-19.7%

Housing Supply in Pipe Creek Township, IN

How many homes are available in Pipe Creek Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The Pipe Creek Township real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1110
-9.1%
4 22
0.0%
5+ 44
0.0%

Summary: The Pipe Creek 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 increased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

4 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 Pipe Creek Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Pipe Creek Township in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Pipe Creek 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 20 Days Ago

Newest Listings in Pipe Creek Township, IN

Nearby Markets to Pipe Creek Township, IN

What housing markets are near Pipe Creek Township, IN?