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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Princeton Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Princeton Township, IN

How much do homes in Princeton Township, IN cost?

Median Sold Price

$192,500

$125/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$71,000(-26.9%)

Key Takeaway

Homes in Princeton Township have sold for 26.9% less than they did a month ago.

Summary: The median home sold price in Princeton Township was $192,500 in November 2024, down 26.9% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $74.5K-
N/A
2 $145K$147.2K
+1.6%
3 $289K$192.5K
-33.4%
4 $292.9K$265K
-9.5%
5+ --
N/A

Summary: Princeton 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 increased by 1.6%, 3 bedroom homes decreased by 33.4%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Milroy Township
+162.9%
Princeton Township
-26.9%
Honey Creek Township
-42.7%

Housing Supply in Princeton Township, IN

How many homes are available in Princeton Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6463-1.6%

Summary: The Princeton Township real estate market had 63 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1921
+10.5%
3 2929
0.0%
4 1210
-16.7%
5+ 22
0.0%

Summary: The Princeton 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 10.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1318+38.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Princeton Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Princeton Township in November 2024, up by 38.5% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.

Days on Market for Princeton 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 Princeton Township, IN

Nearby Markets to Princeton Township, IN