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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Steuben Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Steuben Township, IN

How much do homes in Steuben Township, IN cost?

Median Sold Price

$190,000

$108/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$22,750(+13.6%)

Key Takeaway

Homes in Steuben Township have sold for 13.6% more than they did a month ago.

Summary: The median home sold price in Steuben Township was $190,000 in October 2024, up 13.6% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $390K$360K
-7.7%
3 $167.2K$190K
+13.6%
4 $90K$181K
+101.1%
5+ --
N/A

Summary: Steuben 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 decreased by 7.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 101.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pleasant Lake
+80.9%
Steuben Township
+13.6%
Hudson
+1.4%
Smithfield Township
-61.5%

Housing Supply in Steuben Township, IN

How many homes are available in Steuben Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1612-25.0%

Summary: The Steuben Township real estate market had 12 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 85
-37.5%
4 55
0.0%
5+ 11
0.0%

Summary: The Steuben 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 decreased by 50%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Steuben Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Steuben Township in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Steuben 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 Steuben Township, IN

Nearby Markets to Steuben Township, IN

What housing markets are near Steuben Township, IN?