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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thorncreek Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Thorncreek Township, IN

How much do homes in Thorncreek Township, IN cost?

Median Sold Price

$482,500

$189/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$33,500(+7.5%)

Key Takeaway

Homes in Thorncreek Township have sold for 7.5% more than they did a month ago.

Summary: The median home sold price in Thorncreek Township was $482,500 in November 2024, up 7.5% from last month, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $170K-
N/A
3 $465K$350K
-24.7%
4 $504K$715K
+41.9%
5+ --
N/A

Summary: Thorncreek 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 decreased by 24.7%, 4 bedroom homes increased by 41.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Etna-Troy Township
+55.3%
Thorncreek Township
+7.5%
Smith Township
+7.2%
Columbia Township
-6.3%
Noble Township
-77.3%

Housing Supply in Thorncreek Township, IN

How many homes are available in Thorncreek Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The Thorncreek Township real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1213
+8.3%
4 55
0.0%
5+ 11
0.0%

Summary: The Thorncreek 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 decreased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thorncreek Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Thorncreek Township in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Thorncreek 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 Thorncreek Township, IN

Nearby Markets to Thorncreek Township, IN

What housing markets are near Thorncreek Township, IN?