Is Fall Creek Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$431,925
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Fall Creek Township has remained the same since last year.
Summary: The median home sold price in Fall Creek Township was $431,925 in April 2024, up 0.1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.5K | $182K | +4.3% |
| 2 Bedrooms | $295K | $318K | +7.8% |
| 3 Bedrooms | $334.9K | $338.4K | +1.1% |
| 4 Bedrooms | $454.9K | $462.3K | +1.6% |
| 5+ Bedrooms | $650K | $670K | +3.1% |
Summary: Fall Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Green Township | $263K | $315K | +19.8% |
| Vernon Township | $349.3K | $366.1K | +4.8% |
| Fishers | $385K | $393K | +2.1% |
| Fall Creek Township | $431.4K | $431.9K | 0.1% |
| McCordsville | $379.9K | $365K | -3.9% |
Housing Supply in Fall Creek Township, IN
How many homes are available in Fall Creek Township, IN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 294 | 316 | +7.5% |
Summary: The Fall Creek Township real estate market had 316 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 28 | 22 | -21.4% |
| 3 Bedrooms | 89 | 82 | -7.9% |
| 4 Bedrooms | 98 | 123 | +25.5% |
| 5+ Bedrooms | 79 | 89 | +12.7% |
Summary: The Fall Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 12.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 78 | 92 | +17.9% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fall Creek Township, you may be able to get a good deal. 38% of homes here sold below asking price last month.
Summary: A total of 92 homes were sold or pending in Fall Creek Township in April 2024, up by 17.9% month-over-month. Of the 92 sold homes, 38% were sold under asking, 28% were sold at asking, and 34% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 23 Days | +37.8% |
Summary: Homes in Fall Creek Township had an average of 23 days on market in Apr 2024, up by 37.8% compared to last year.
Breakdown of Home Sale Times
78 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fall Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 92 homes were sold in Fall Creek Township; 85% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.