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

$210,000

$95/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$8,550(+4.2%)

Key Takeaway

Homes in Sims Township have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in Sims Township was $210,000 in October 2024, up 4.2% from last month, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $118K$279.9K
+137.2%
4 $284.9K$199.9K
-29.8%
5+ --
N/A

Summary: Sims Township housing prices by bedroom type for October 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 increased by 137.2%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Converse
+210.1%
Richland Township
+11.8%
Sims Township
+4.2%
Swayzee
+4.2%
Franklin Township
-12.1%

Housing Supply in Sims Township, IN

How many homes are available in Sims Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
75-28.6%

Summary: The Sims Township real estate market had 5 homes for sale in October 2024, a 28.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Sims 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

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 Sims 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 Sims Township in October 2024, up by 50.0% 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 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 23 Days Ago

Newest Listings in Sims Township, IN

Nearby Markets to Sims Township, IN

What housing markets are near Sims Township, IN?