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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Floyd Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Floyd Township, IN

How much do homes in Floyd Township, IN cost?

Median Sold Price

$289,950

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,000(+1.8%)

Key Takeaway

Homes in Floyd Township have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Floyd Township was $289,950 in March 2024, up 1.8% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $200.5K$260K
+29.7%
3 $275K$285K
+3.6%
4 $377.5K$332.4K
-11.9%
5+ $762.5K$600K
-21.3%

Summary: Floyd 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 29.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes decreased by 21.3%.

Median Sold Price Compared To Nearby Cities

Floyd Township
+1.8%
Clay Township
-4.2%

Housing Supply in Floyd Township, IN

How many homes are available in Floyd Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3940+2.6%

Summary: The Floyd Township real estate market had 40 homes for sale in March 2024, a 2.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3131
0.0%
4 67
+16.7%
5+ 00
0.0%

Summary: The Floyd 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
412+200.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Floyd Township, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Floyd Township in March 2024, up by 200.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.

Days on Market for Floyd Township, IN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
70 Days51 Days-27.0%

Summary: Homes in Floyd Township had an average of 51 days on market in Mar 2024, down by 27% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Floyd Township has remained consistent over time.

Summary: During March 2024, 12 homes were sold in Floyd Township; 25% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 17% 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 Floyd Township, IN

Nearby Markets to Floyd Township, IN