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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walnut Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Walnut Township, IN

How much do homes in Walnut Township, IN cost?

Median Sold Price

$214,000

$148/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$26,000(+13.8%)

Key Takeaway

Homes in Walnut Township have sold for 13.8% more than they did a month ago.

Summary: The median home sold price in Walnut Township was $214,000 in October 2024, up 13.8% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $188K$214K
+13.8%
4 --
N/A
5+ --
N/A

Summary: Walnut 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 did not change, 3 bedroom homes increased by 13.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Walnut Township
+13.8%
New Ross
+13.8%

Housing Supply in Walnut Township, IN

How many homes are available in Walnut Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Walnut Township real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 11
0.0%
5+ 00
0.0%

Summary: The Walnut 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was 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 Walnut Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Walnut Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Walnut Township, IN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
21 Days41 Days+95.2%

Summary: Homes in Walnut Township had an average of 41 days on market in Oct 2024, up by 95.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Walnut Township; 33% of homes were sold within 30 days, 33% 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 Walnut Township, IN

Nearby Markets to Walnut Township, IN