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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gregg Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gregg Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Gregg Township, IN

How much do homes in Gregg Township, IN cost?

Median Sold Price

$270,897

$174/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$14,102(-4.9%)

Key Takeaway

Homes in Gregg Township have sold for 4.9% less than they did a month ago.

Summary: The median home sold price in Gregg Township was $270,897 in April 2024, down 4.9% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $240K$210K
-12.5%
3 $610K$125K
-79.5%
4 $285K$660K
+131.6%
5+ -$331.7K
N/A

Summary: Gregg Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 79.5%, 4 bedroom homes increased by 131.6%, and 5+ bedroom homes did not change.

Housing Supply in Gregg Township, IN

How many homes are available in Gregg Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
11110.0%

Summary: The Gregg Township real estate market had 11 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 33
0.0%
4 56
+20.0%
5+ 11
0.0%

Summary: The Gregg 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gregg Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Gregg Township in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Gregg Township, IN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
7 Days18 Days+141.3%

Summary: Homes in Gregg Township had an average of 18 days on market in Apr 2024, up by 141.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 4 homes were sold in Gregg Township; 75% of homes were sold within 30 days, 25% 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 3 Days Ago

Newest Listings in Gregg Township, IN

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