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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Smithfield Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Smithfield Township, IN

How much do homes in Smithfield Township, IN cost?

Median Sold Price

$278,500

$195/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$129,000(+86.3%)

Key Takeaway

Homes in Smithfield Township have sold for 86.3% more than they did a month ago.

Summary: The median home sold price in Smithfield Township was $278,500 in November 2024, up 86.3% from last month, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $149.5K$278.5K
+86.3%
4 --
N/A
5+ --
N/A

Summary: Smithfield 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 increased by 86.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Smithfield Township
+86.3%
Waterloo
+23.3%
Grant Township
+20.1%
Hudson
-14.6%

Housing Supply in Smithfield Township, IN

How many homes are available in Smithfield Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
31-66.7%

Summary: The Smithfield Township real estate market had 1 homes for sale in November 2024, a 66.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Smithfield 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 decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Smithfield Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Smithfield Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Smithfield 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 18 Days Ago

Newest Listings in Smithfield Township, IN

Nearby Markets to Smithfield Township, IN