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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vincennes Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Vincennes Township was a Seller's Market.

Key Takeaway

Vincennes Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Vincennes Township, IN

How much do homes in Vincennes Township, IN cost?

Median Sold Price

$185,200

$114/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$24,000(+14.9%)

Key Takeaway

Homes in Vincennes Township have sold for 14.9% more than they did a month ago.

Summary: The median home sold price in Vincennes Township was $185,200 in November 2024, up 14.9% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$13K
N/A
2 $56K$72K
+28.6%
3 $154.9K$228.5K
+47.5%
4 $216.2K$226.5K
+4.7%
5+ $455K-
N/A

Summary: Vincennes 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 increased by 28.6%, 3 bedroom homes increased by 47.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Vincennes Township
+14.9%
Vincennes
+14.9%

Housing Supply in Vincennes Township, IN

How many homes are available in Vincennes Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
99101+2.0%

Summary: The Vincennes Township real estate market had 101 homes for sale in November 2024, a 2.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2427
+12.5%
3 5553
-3.6%
4 1315
+15.4%
5+ 54
-20.0%

Summary: The Vincennes 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 increased by 12.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 17 homes were sold or pending in Vincennes Township in November 2024, down by 5.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.

Days on Market for Vincennes 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 21 Days Ago

Newest Listings in Vincennes Township, IN

Nearby Markets to Vincennes Township, IN

What housing markets are near Vincennes Township, IN?