Is Nineveh Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Nineveh Township has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $250K | -5.7% |
2 Bedrooms | $187K | $360K | +92.5% |
3 Bedrooms | $287K | $315.5K | +9.9% |
4 Bedrooms | $349.9K | $840K | +140.1% |
5+ Bedrooms | $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 | $252.5K | $325K | +28.7% |
Nineveh Township | $265K | $334.7K | +26.3% |
Hensley Township | $272K | $328K | +20.6% |
Princes Lakes | $237K | $270K | +13.9% |
Housing Supply in Nineveh Township, IN
How many homes are available in Nineveh Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 61 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 22 | 30 | +36.4% |
3 Bedrooms | 22 | 27 | +22.7% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 0 | 0 | 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 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 12 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 53 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
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.