Is I-69/Fall Creek, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing I-69/Fall Creek is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, I-69/Fall Creek has remained a Seller's Market.

Key Takeaway

I-69/Fall Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in I-69/Fall Creek, IN

How much do homes in I-69/Fall Creek, IN cost?

Median Sold Price

$302,500

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,550(+4.3%)

Key Takeaway

Homes in I-69/Fall Creek have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in I-69/Fall Creek was $302,500 in April 2024, up 4.3% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $180.6K$159.9K
-11.5%
2 $200K$213.2K
+6.6%
3 $280K$296.3K
+5.8%
4 $340K$350K
+2.9%
5+ $460K$550K
+19.6%

Summary: I-69/Fall Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 19.6%.

Housing Supply in I-69/Fall Creek, IN

How many homes are available in I-69/Fall Creek, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4954+10.2%

Summary: The I-69/Fall Creek real estate market had 54 homes for sale in April 2024, a 10.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2228
+27.3%
4 1512
-20.0%
5+ 45
+25.0%

Summary: The I-69/Fall Creek 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 increased by 12.5%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2021+5.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in I-69/Fall Creek, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in I-69/Fall Creek in April 2024, up by 5.0% month-over-month. Of the 21 sold homes, 24% were sold under asking, 19% were sold at asking, and 57% were sold over asking.

Days on Market for I-69/Fall Creek, IN

How long does it take to sell a home in I-69/Fall Creek, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days6 Days-44.9%

Summary: Homes in I-69/Fall Creek had an average of 6 days on market in Apr 2024, down by 44.9% compared to last year.

Breakdown of Home Sale Times

20 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 I-69/Fall Creek are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 21 homes were sold in I-69/Fall Creek; 95% of homes were sold within 30 days, 5% 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 8 Days Ago

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