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 February 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

$359,986

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$10,041(+2.9%)

Key Takeaway

Homes in Noblesville Township have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Noblesville Township was $359,986 in February 2024, up 2.9% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $248.5K$186K
-25.2%
2 $250K$270K
+8.0%
3 $304.9K$310.3K
+1.8%
4 $397K$414.5K
+4.4%
5+ $524.9K$527.5K
0.5%

Summary: Noblesville Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.2%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Cities

Cicero
+28.8%
Noblesville
+7.4%
Clay Township
+6.4%
Carmel
+3.1%
Noblesville Township
+2.9%

Housing Supply in Noblesville Township, IN

How many homes are available in Noblesville Township, IN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
266251-5.6%

Summary: The Noblesville Township real estate market had 251 homes for sale in February 2024, a 5.6% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 3834
-10.5%
3 113105
-7.1%
4 7771
-7.8%
5+ 3639
+8.3%

Summary: The Noblesville Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
6978+13.0%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

12 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. 60.3% of homes here sold below asking price last month.

Summary: A total of 78 homes were sold or pending in Noblesville Township in February 2024, up by 13.0% month-over-month. Of the 78 sold homes, 60% were sold under asking, 24% were sold at asking, and 15% 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

Feb 2023Feb 2024CHANGE
44 Days46 Days+4.7%

Summary: Homes in Noblesville Township had an average of 46 days on market in Feb 2024, up by 4.7% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

40 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Noblesville Township has remained consistent over time.

Summary: During February 2024, 78 homes were sold in Noblesville Township; 40% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 9% 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 28 Days Ago

Newest Listings in Noblesville Township, IN

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