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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cicero Township is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Cicero Township, IN

How much do homes in Cicero Township, IN cost?

Median Sold Price

$289,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$16,550(+6.1%)

Key Takeaway

Homes in Cicero Township have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Cicero Township was $289,000 in August 2024, up 6.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $345K$199K
-42.3%
2 $160K$186.5K
+16.6%
3 $245.9K$269.2K
+9.5%
4 $387K$353.9K
-8.6%
5+ $429.3K$660K
+53.7%

Summary: Cicero Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.3%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 53.7%.

Median Sold Price Compared To Nearby Cities

Jefferson Township
+17.5%
Tipton
+16.2%
Jackson Township
+8.9%
Cicero Township
+6.1%

Housing Supply in Cicero Township, IN

How many homes are available in Cicero Township, IN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4858+20.8%

Summary: The Cicero Township real estate market had 58 homes for sale in August 2024, a 20.8% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2729
+7.4%
4 1420
+42.9%
5+ 34
+33.3%

Summary: The Cicero Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1018+80.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cicero Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Cicero Township in August 2024, up by 80.0% month-over-month. Of the 18 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.

Days on Market for Cicero Township, IN

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

Average Sale Time

Aug 2023Aug 2024CHANGE
43 Days15 Days-63.7%

Summary: Homes in Cicero Township had an average of 15 days on market in Aug 2024, down by 63.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 18 homes were sold in Cicero Township; 67% of homes were sold within 30 days, 17% 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 17 Days Ago

Newest Listings in Cicero Township, IN

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