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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fall Creek Township is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Fall Creek Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Fall Creek Township, IN

How much do homes in Fall Creek Township, IN cost?

Median Sold Price

$442,233

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$2,233(+0.5%)

Key Takeaway

Homes in Fall Creek Township have sold for 0.5% more than they did a year ago.

Summary: The median home sold price in Fall Creek Township was $442,233 in August 2024, up 0.5% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $175K$184.5K
+5.4%
2 $310K$326.2K
+5.2%
3 $335K$345K
+3.0%
4 $455K$491K
+7.9%
5+ $651.1K$695.1K
+6.8%

Summary: Fall Creek Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Cities

Green Township
+14.5%
Vernon Township
+4.7%
McCordsville
+3.9%
Fishers
+2.5%
Fall Creek Township
0.5%

Housing Supply in Fall Creek Township, IN

How many homes are available in Fall Creek Township, IN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
376328-12.8%

Summary: The Fall Creek Township real estate market had 328 homes for sale in August 2024, a 12.8% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 21
-50.0%
2 1821
+16.7%
3 10895
-12.0%
4 148117
-20.9%
5+ 10094
-6.0%

Summary: The Fall Creek Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes decreased by 6%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
13482-38.8%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fall Creek Township, you may be able to get a good deal. 57.3% of homes here sold below asking price last month.

Summary: A total of 82 homes were sold or pending in Fall Creek Township in August 2024, down by 38.8% month-over-month. Of the 82 sold homes, 57% were sold under asking, 18% were sold at asking, and 24% were sold over asking.

Days on Market for Fall Creek Township, IN

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

Average Sale Time

Aug 2023Aug 2024CHANGE
23 Days22 Days-3.9%

Summary: Homes in Fall Creek Township had an average of 22 days on market in Aug 2024, down by 3.9% compared to last year.

Breakdown of Home Sale Times

61 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 82 homes were sold in Fall Creek Township; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% 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 19 Days Ago

Newest Listings in Fall Creek Township, IN

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