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 March 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

$280,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$95,500(+51.6%)

Key Takeaway

Homes in Cicero Township have sold for 51.6% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $345K-
N/A
2 $97.5K$175K
+79.5%
3 $212.5K$250K
+17.6%
4 $230.5K$389.9K
+69.2%
5+ $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
+51.6%
Jackson Township
+21.2%
Tipton
+20.0%
Liberty Township
+13.9%

Housing Supply in Cicero Township, IN

How many homes are available in Cicero Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4742-10.6%

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

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2120
-4.8%
4 139
-30.8%
5+ 76
-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 2024Mar 2024CHANGE
1215+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cicero Township, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

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 2023Mar 2024CHANGE
57 Days41 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

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 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Cicero Township, IN

Nearby Markets to Cicero Township, IN