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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams Township is a neutral's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Adams 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 Adams Township, IN

How much do homes in Adams Township, IN cost?

Median Sold Price

$127,500

$82/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$67,500(-34.6%)

Key Takeaway

Homes in Adams Township have sold for 34.6% less than they did a month ago.

Summary: The median home sold price in Adams Township was $127,500 in March 2024, down 34.6% from last month, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$153.7K
N/A
3 -$126.2K
N/A
4 $195K-
N/A
5+ --
N/A

Summary: Adams Township housing prices by bedroom type for March 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Adams Township, IN

How many homes are available in Adams Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1518+20.0%

Summary: The Adams Township real estate market had 18 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 25
+150.0%
3 47
+75.0%
4 41
-75.0%
5+ 44
0.0%

Summary: The Adams Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Adams Township in March 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Adams Township, IN

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

Average Sale Time

Feb 2024Mar 2024CHANGE
256 Days74 Days-71.0%

Summary: Homes in Adams Township had an average of 74 days on market in Mar 2024, down by 71% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Adams Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 28 Days Ago

Newest Listings in Adams Township, IN

Nearby Markets to Adams Township, IN