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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millcreek Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Millcreek Township, IN

How much do homes in Millcreek Township, IN cost?

Median Sold Price

$73,750

$68/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$136,250(-64.9%)

Key Takeaway

Homes in Millcreek Township have sold for 64.9% less than they did a month ago.

Summary: The median home sold price in Millcreek Township was $73,750 in April 2024, down 64.9% from last month, and the median price per square foot was $68.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $62K$73.7K
+19.0%
3 --
N/A
4 $347.5K-
N/A
5+ --
N/A

Summary: Millcreek 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 increased by 19%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Millcreek Township
-64.9%
Kingman
-66.2%

Housing Supply in Millcreek Township, IN

How many homes are available in Millcreek Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
65-16.7%

Summary: The Millcreek Township real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 11
0.0%
4 20
-100.0%
5+ 00
0.0%

Summary: The Millcreek 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Millcreek Township in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Millcreek Township, IN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
77 Days50 Days-35.6%

Summary: Homes in Millcreek Township had an average of 50 days on market in Apr 2024, down by 35.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Millcreek Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Millcreek Township; 50% of homes were sold within 30 days, 50% 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 1 Day Ago

Newest Listings in Millcreek Township, IN

Nearby Markets to Millcreek Township, IN