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 August 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

$308,250

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$12,250(+4.1%)

Key Takeaway

Homes in I-69/Fall Creek have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in I-69/Fall Creek was $308,250 in August 2024, up 4.1% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $167.4K$157K
-6.2%
2 $203.5K$213.2K
+4.8%
3 $285K$298.5K
+4.7%
4 $350K$349.9K
0%
5+ $625K$400K
-36.0%

Summary: I-69/Fall Creek housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 36%.

Housing Supply in I-69/Fall Creek, IN

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

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
8467-20.2%

Summary: The I-69/Fall Creek real estate market had 67 homes for sale in August 2024, a 20.2% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 22
0.0%
2 146
-57.1%
3 3433
-2.9%
4 1915
-21.1%
5+ 1511
-26.7%

Summary: The I-69/Fall Creek housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 57.1%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 26.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
3523-34.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in I-69/Fall Creek, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in I-69/Fall Creek in August 2024, down by 34.3% month-over-month. Of the 23 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% 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

Aug 2023Aug 2024CHANGE
15 Days27 Days+79.8%

Summary: Homes in I-69/Fall Creek had an average of 27 days on market in Aug 2024, up by 79.8% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 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 August 2024, 23 homes were sold in I-69/Fall Creek; 78% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 9% 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 16 Days Ago

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