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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugar Creek Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Sugar Creek Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sugar Creek Township, IN

How much do homes in Sugar Creek Township, IN cost?

Median Sold Price

$362,918

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$7,518(+2.1%)

Key Takeaway

Homes in Sugar Creek Township have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Sugar Creek Township was $362,918 in September 2024, up 2.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $277.8K$276.5K
-0.5%
3 $332K$336.5K
+1.4%
4 $389.9K$391.5K
0.4%
5+ $415.7K$423K
+1.7%

Summary: Sugar Creek Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Cities

Moral Township
+34.0%
Sugar Creek Township
+2.1%
New Palestine
+0.6%
Cumberland
-6.9%

Housing Supply in Sugar Creek Township, IN

How many homes are available in Sugar Creek Township, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6662-6.1%

Summary: The Sugar Creek Township real estate market had 62 homes for sale in September 2024, a 6.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 3330
-9.1%
4 1919
0.0%
5+ 96
-33.3%

Summary: The Sugar Creek Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2015-25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sugar Creek Township, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Sugar Creek Township in September 2024, down by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 53% were sold at asking, and 7% were sold over asking.

Days on Market for Sugar Creek Township, IN

How long does it take to sell a home in Sugar Creek Township, IN?

Average Sale Time

Sep 2023Sep 2024CHANGE
71 Days38 Days-46.4%

Summary: Homes in Sugar Creek Township had an average of 38 days on market in Sep 2024, down by 46.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sugar Creek Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 15 homes were sold in Sugar Creek Township; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Sugar Creek Township, IN

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