Is Cicero Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Cicero Township has remained a Seller's Market.
Housing Prices in Cicero Township, IN
How much do homes in Cicero Township, IN cost?
Median Sold Price
$280,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cicero Township was $280,500 in March 2024, up 51.6% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $345K | - | N/A |
2 Bedrooms | $97.5K | $175K | +79.5% |
3 Bedrooms | $212.5K | $250K | +17.6% |
4 Bedrooms | $230.5K | $389.9K | +69.2% |
5+ Bedrooms | $180K | $850K | +372.2% |
Summary: Cicero Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 79.5%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes increased by 372.2%.
Median Sold Price Compared To Nearby Cities
Cicero Township | $185K | $280.5K | +51.6% |
Jackson Township | $285K | $345.5K | +21.2% |
Tipton | $160.4K | $192.4K | +20.0% |
Liberty Township | $197K | $224.4K | +13.9% |
Housing Supply in Cicero Township, IN
How many homes are available in Cicero Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 42 | -10.6% |
Summary: The Cicero Township real estate market had 42 homes for sale in March 2024, a 10.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 13 | 9 | -30.8% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Cicero 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 16.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Cicero Township in March 2024, up by 25.0% month-over-month. Of the 15 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 41 Days | -28.0% |
Summary: Homes in Cicero Township had an average of 41 days on market in Mar 2024, down by 28% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Cicero Township; 53% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.