Is Buck Creek Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Buck Creek Township has remained a Seller's Market.
Housing Prices in Buck Creek Township, IN
How much do homes in Buck Creek Township, IN cost?
Median Sold Price
$300,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Buck Creek Township was $300,000 in May 2024, up 1.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $180K | N/A |
2 Bedrooms | $359.9K | $171.2K | -52.4% |
3 Bedrooms | $275K | $285K | +3.6% |
4 Bedrooms | $336.9K | $325K | -3.6% |
5+ Bedrooms | $448.1K | $374.5K | -16.4% |
Summary: Buck Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 52.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 16.4%.
Median Sold Price Compared To Nearby Cities
Lawrence | $255K | $269.7K | +5.8% |
Vernon Township | $349.9K | $367.3K | +5.0% |
Cumberland | $246.2K | $255.9K | +3.9% |
Buck Creek Township | $295K | $300K | +1.7% |
Center Township | $260K | $260K | 0.0% |
Housing Supply in Buck Creek Township, IN
How many homes are available in Buck Creek Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 41 | -2.4% |
Summary: The Buck Creek Township real estate market had 41 homes for sale in May 2024, a 2.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 17 | 14 | -17.6% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Buck Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Buck Creek Township in May 2024, up by 7.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Buck Creek Township, IN
How long does it take to sell a home in Buck Creek Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 12 Days | -77.3% |
Summary: Homes in Buck Creek Township had an average of 12 days on market in May 2024, down by 77.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Buck Creek Township; 87% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.