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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nineveh Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Nineveh Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Nineveh Township, IN

How much do homes in Nineveh Township, IN cost?

Median Sold Price

$334,750

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$69,750(+26.3%)

Key Takeaway

Homes in Nineveh Township have sold for 26.3% more than they did a year ago.

Summary: The median home sold price in Nineveh Township was $334,750 in April 2024, up 26.3% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $265K$250K
-5.7%
2 $187K$360K
+92.5%
3 $287K$315.5K
+9.9%
4 $349.9K$840K
+140.1%
5+ $380K$817.5K
+115.1%

Summary: Nineveh Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 92.5%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 140.1%, and 5+ bedroom homes increased by 115.1%.

Median Sold Price Compared To Nearby Cities

Trafalgar
+28.7%
Nineveh Township
+26.3%
Hensley Township
+20.6%
Princes Lakes
+13.9%

Housing Supply in Nineveh Township, IN

How many homes are available in Nineveh Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4961+24.5%

Summary: The Nineveh Township real estate market had 61 homes for sale in April 2024, a 24.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2230
+36.4%
3 2227
+22.7%
4 54
-20.0%
5+ 00
0.0%

Summary: The Nineveh 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 36.4%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nineveh Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Nineveh Township in April 2024, up by 71.4% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.

Days on Market for Nineveh Township, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days53 Days+135.6%

Summary: Homes in Nineveh Township had an average of 53 days on market in Apr 2024, up by 135.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 12 homes were sold in Nineveh Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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

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