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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plain Township is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Plain Township, IN

How much do homes in Plain Township, IN cost?

Median Sold Price

$281,800

$178/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$210,150(-42.7%)

Key Takeaway

Homes in Plain Township have sold for 42.7% less than they did a month ago.

Summary: The median home sold price in Plain Township was $281,800 in November 2024, down 42.7% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $654K$281.8K
-56.9%
4 $329.9K-
N/A
5+ --
N/A

Summary: Plain 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 56.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tippecanoe Township
+49.2%
Leesburg
-1.7%
Warsaw
-3.6%
Wayne Township
-10.4%
Plain Township
-42.7%

Housing Supply in Plain Township, IN

How many homes are available in Plain Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2124+14.3%

Summary: The Plain Township real estate market had 24 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1113
+18.2%
4 77
0.0%
5+ 12
+100.0%

Summary: The Plain 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 increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 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 Plain Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Plain Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Plain 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 17 Days Ago

Newest Listings in Plain Township, IN

Nearby Markets to Plain Township, IN

What housing markets are near Plain Township, IN?