Is Sugar 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
Since last year, Sugar Creek Township has remained a Seller's Market.
Housing Prices in Sugar Creek Township, IN
How much do homes in Sugar Creek Township, IN cost?
Median Sold Price
$361,375
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sugar Creek Township was $361,375 in March 2024, up 1.1% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $310.4K | $305K | -1.8% |
3 Bedrooms | $310K | $338.7K | +9.3% |
4 Bedrooms | $377.4K | $394.9K | +4.6% |
5+ Bedrooms | $420.8K | $419.9K | -0.2% |
Summary: Sugar 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 decreased by 1.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
Cumberland | $232K | $268K | +15.5% |
Moral Township | $289.9K | $312.5K | +7.8% |
New Palestine | $357.2K | $364K | +1.9% |
Sugar Creek Township | $357.4K | $361.3K | +1.1% |
Housing Supply in Sugar Creek Township, IN
How many homes are available in Sugar Creek Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 69 | -6.8% |
Summary: The Sugar Creek Township real estate market had 69 homes for sale in March 2024, a 6.8% decrease 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 | 7 | 6 | -14.3% |
3 Bedrooms | 30 | 26 | -13.3% |
4 Bedrooms | 22 | 25 | +13.6% |
5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The Sugar 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 decreased by 14.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 15 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Sugar Creek Township in March 2024, down by 25.0% month-over-month. Of the 15 sold homes, 27% were sold under asking, 40% were sold at asking, and 33% were sold over asking.
Days on Market for Sugar Creek Township, IN
How long does it take to sell a home in Sugar Creek Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
70 Days | 78 Days | +11.4% |
Summary: Homes in Sugar Creek Township had an average of 78 days on market in Mar 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Sugar Creek Township; 47% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.