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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sims Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Sims Township, IN

How much do homes in Sims Township, IN cost?

Median Sold Price

$131,750

$90/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$24,150(-15.5%)

Key Takeaway

Homes in Sims Township have sold for 15.5% less than they did a month ago.

Summary: The median home sold price in Sims Township was $131,750 in December 2024, down 15.5% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $155.9K$131.7K
-15.5%
4 --
N/A
5+ --
N/A

Summary: Sims Township housing prices by bedroom type for December 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 15.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Converse
+102.1%
Sims Township
-15.5%
Swayzee
-15.5%
Richland Township
-58.7%

Housing Supply in Sims Township, IN

How many homes are available in Sims Township, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
65-16.7%

Summary: The Sims Township real estate market had 5 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Sims Township housing inventory by bedroom type for December 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sims Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sims Township in December 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sims 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 7 Days Ago

Newest Listings in Sims Township, IN

Nearby Markets to Sims Township, IN

What housing markets are near Sims Township, IN?