Is Otter Creek Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Otter Creek Township was a Seller's Market.
Housing Prices in Otter Creek Township, IN
How much do homes in Otter Creek Township, IN cost?
Median Sold Price
$169,700
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Otter Creek Township was $169,700 in March 2024, up 3.5% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $96.4K | $111.7K | +15.8% |
3 Bedrooms | $193.7K | $169.9K | -12.3% |
4 Bedrooms | $210K | $278.4K | +32.6% |
5+ Bedrooms | $159K | - | N/A |
Summary: Otter Creek Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 32.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Otter Creek Township | $164K | $169.7K | +3.5% |
Harrison Township | $104.7K | $99.9K | -4.5% |
Housing Supply in Otter Creek Township, IN
How many homes are available in Otter Creek Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Summary: The Otter Creek Township real estate market had 9 homes for sale in March 2024, a 80.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 0 | 3 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Otter Creek Township housing inventory by bedroom type for March 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 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Otter Creek Township in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Otter Creek Township, IN
How long does it take to sell a home in Otter Creek Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | -7 Days | -129.2% |
Summary: Homes in Otter Creek Township had an average of -7 days on market in Mar 2024, down by 129.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Otter Creek Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.