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

$149,500

$86/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$238,900(-61.5%)

Key Takeaway

Homes in Smithfield Township have sold for 61.5% less than they did a month ago.

Summary: The median home sold price in Smithfield Township was $149,500 in October 2024, down 61.5% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$149.5K
N/A
4 $388.4K-
N/A
5+ --
N/A

Summary: Smithfield 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Grant Township
+30.6%
Waterloo
+25.7%
Hudson
+1.4%
Smithfield Township
-61.5%

Housing Supply in Smithfield Township, IN

How many homes are available in Smithfield Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Smithfield Township real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Smithfield 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 increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Smithfield Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Smithfield Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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 17 Days Ago

Newest Listings in Smithfield Township, IN

Nearby Markets to Smithfield Township, IN