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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Olive Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Olive Township has remained a Buyer's Market.

Key Takeaway

Olive Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Olive Township, IN

How much do homes in Olive Township, IN cost?

Median Sold Price

$119,500

$118/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$374,000(-75.8%)

Key Takeaway

Homes in Olive Township have sold for 75.8% less than they did a month ago.

Summary: The median home sold price in Olive Township was $119,500 in November 2024, down 75.8% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $362K-
N/A
3 $625K$119.5K
-80.9%
4 --
N/A
5+ --
N/A

Summary: Olive Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 80.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Warren Township
-3.8%
New Carlisle
-46.5%
Olive Township
-75.8%

Housing Supply in Olive Township, IN

How many homes are available in Olive Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1517+13.3%

Summary: The Olive Township real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 89
+12.5%
4 33
0.0%
5+ 23
+50.0%

Summary: The Olive Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Olive 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 Olive Township in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Olive Township, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Olive Township, IN

Nearby Markets to Olive Township, IN

What housing markets are near Olive Township, IN?