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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandcreek Township is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Sandcreek Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Sandcreek Township, IN

How much do homes in Sandcreek Township, IN cost?

Median Sold Price

$190,500

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$250(-0.1%)

Key Takeaway

The sold price of homes in Sandcreek Township has remained the same since last year.

Summary: The median home sold price in Sandcreek Township was $190,500 in October 2024, down 0.1% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $254K$151.2K
-40.5%
3 $170K$182K
+7.1%
4 $160K$445K
+178.1%
5+ $680K$714.3K
+5.0%

Summary: Sandcreek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 178.1%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Cities

Westport
+15.1%
Marion Township
+9.0%
Sandcreek Township
-0.1%

Housing Supply in Sandcreek Township, IN

How many homes are available in Sandcreek Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The Sandcreek Township real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 44
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Sandcreek Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sandcreek Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Sandcreek Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Sandcreek Township, IN

How long does it take to sell a home in Sandcreek Township, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
2 Days3 Days+50.0%

Summary: Homes in Sandcreek Township had an average of 3 days on market in Oct 2024, up by 50% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sandcreek Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Sandcreek Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Sandcreek Township, IN

Nearby Markets to Sandcreek Township, IN

What housing markets are near Sandcreek Township, IN?