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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vigo Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Vigo Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Vigo Township, IN

How much do homes in Vigo Township, IN cost?

Median Sold Price

$92,250

$74/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$29,750(+47.6%)

Key Takeaway

Homes in Vigo Township have sold for 47.6% more than they did a month ago.

Summary: The median home sold price in Vigo Township was $92,250 in October 2024, up 47.6% from last month, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$38K
N/A
2 $62.5K$145K
+132.0%
3 -$92.2K
N/A
4 --
N/A
5+ --
N/A

Summary: Vigo 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 increased by 132%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Vigo Township, IN

How many homes are available in Vigo Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1520+33.3%

Summary: The Vigo Township real estate market had 20 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 912
+33.3%
3 35
+66.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Vigo 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 increased by 33.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

2 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 Vigo Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Vigo Township in October 2024, up by 500.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Vigo Township, IN

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Vigo Township; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Vigo Township, IN

Nearby Markets to Vigo Township, IN

What housing markets are near Vigo Township, IN?