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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Noblesville Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Noblesville Township, IN

How much do homes in Noblesville Township, IN cost?

Median Sold Price

$358,351

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$8,351(+2.4%)

Key Takeaway

Homes in Noblesville Township have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Noblesville Township was $358,351 in March 2024, up 2.4% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $240K$235.5K
-1.9%
2 $252.5K$285K
+12.9%
3 $304.9K$311.3K
+2.1%
4 $400K$410.4K
+2.6%
5+ $525K$520K
-1.0%

Summary: Noblesville Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Cities

Cicero
+32.1%
Clay Township
+8.5%
Noblesville
+6.2%
Carmel
+5.1%
Noblesville Township
+2.4%

Housing Supply in Noblesville Township, IN

How many homes are available in Noblesville Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
271279+3.0%

Summary: The Noblesville Township real estate market had 279 homes for sale in March 2024, a 3.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 3645
+25.0%
3 117103
-12.0%
4 7386
+17.8%
5+ 4342
-2.3%

Summary: The Noblesville Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 2.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
8189+9.9%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Noblesville Township, you may be able to get a good deal. 57.3% of homes here sold below asking price last month.

Summary: A total of 89 homes were sold or pending in Noblesville Township in March 2024, up by 9.9% month-over-month. Of the 89 sold homes, 57% were sold under asking, 19% were sold at asking, and 24% were sold over asking.

Days on Market for Noblesville Township, IN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
38 Days42 Days+8.2%

Summary: Homes in Noblesville Township had an average of 42 days on market in Mar 2024, up by 8.2% compared to last year.

Breakdown of Home Sale Times

57 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 89 homes were sold in Noblesville Township; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% 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 27 Days Ago

Newest Listings in Noblesville Township, IN

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