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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rushville Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Rushville Township, IN

How much do homes in Rushville Township, IN cost?

Median Sold Price

$147,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$1,000(+0.7%)

Key Takeaway

Homes in Rushville Township have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Rushville Township was $147,000 in March 2024, up 0.7% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $90.1K-
N/A
2 $103.5K$104.9K
+1.4%
3 $154.2K$173K
+12.2%
4 $169.9K$194.9K
+14.7%
5+ $280K$415K
+48.2%

Summary: Rushville 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 1.4%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 48.2%.

Median Sold Price Compared To Nearby Cities

Anderson Township
+14.3%
Rushville
+1.4%
Rushville Township
+0.7%

Housing Supply in Rushville Township, IN

How many homes are available in Rushville Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3739+5.4%

Summary: The Rushville Township real estate market had 39 homes for sale in March 2024, a 5.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2218
-18.2%
4 510
+100.0%
5+ 22
0.0%

Summary: The Rushville 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 increased by 12.5%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rushville Township, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Rushville Township in March 2024, up by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.

Days on Market for Rushville Township, IN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
100 Days66 Days-34.2%

Summary: Homes in Rushville Township had an average of 66 days on market in Mar 2024, down by 34.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 12 homes were sold in Rushville Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 Rushville Township, IN

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