Is Mapleton / Fall Creek, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mapleton / Fall Creek is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Mapleton / Fall Creek was a Neutral Market.

Key Takeaway

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

Housing Prices in Mapleton / Fall Creek, IN

How much do homes in Mapleton / Fall Creek, IN cost?

Median Sold Price

$291,500

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$21,500(+8.0%)

Key Takeaway

Homes in Mapleton / Fall Creek have sold for 8% more than they did a year ago.

Summary: The median home sold price in Mapleton / Fall Creek was $291,500 in April 2024, up 8% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $135K$170K
+25.9%
3 $265K$285K
+7.5%
4 $346.4K$305K
-12.0%
5+ $367.5K$340K
-7.5%

Summary: Mapleton / Fall Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 7.5%.

Housing Supply in Mapleton / Fall Creek, IN

How many homes are available in Mapleton / Fall Creek, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5457+5.6%

Summary: The Mapleton / Fall Creek real estate market had 57 homes for sale in April 2024, a 5.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1011
+10.0%
3 2628
+7.7%
4 1313
0.0%
5+ 55
0.0%

Summary: The Mapleton / 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 10%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mapleton / Fall Creek, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Mapleton / Fall Creek in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for Mapleton / Fall Creek, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
33 Days45 Days+36.6%

Summary: Homes in Mapleton / Fall Creek had an average of 45 days on market in Apr 2024, up by 36.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mapleton / Fall Creek are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 11 homes were sold in Mapleton / Fall Creek; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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 18 Days Ago

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