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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cicero Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Cicero Township, IN

How much do homes in Cicero Township, IN cost?

Median Sold Price

$281,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$73,500(+35.4%)

Key Takeaway

Homes in Cicero Township have sold for 35.4% more than they did a year ago.

Summary: The median home sold price in Cicero Township was $281,000 in April 2024, up 35.4% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $345K-
N/A
2 $97.5K$186.5K
+91.3%
3 $223.5K$252.5K
+13.0%
4 $265K$385K
+45.3%
5+ $180K$850K
+372.2%

Summary: Cicero Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 91.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 45.3%, and 5+ bedroom homes increased by 372.2%.

Median Sold Price Compared To Nearby Cities

Cicero Township
+35.4%
Tipton
+21.8%
Liberty Township
+18.5%
Jackson Township
+15.2%
Jefferson Township
-11.9%

Housing Supply in Cicero Township, IN

How many homes are available in Cicero Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4143+4.9%

Summary: The Cicero Township real estate market had 43 homes for sale in April 2024, a 4.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 67
+16.7%
3 2020
0.0%
4 810
+25.0%
5+ 75
-28.6%

Summary: The Cicero Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cicero Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Cicero Township in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.

Days on Market for Cicero Township, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
9 Days34 Days+270.8%

Summary: Homes in Cicero Township had an average of 34 days on market in Apr 2024, up by 270.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 12 homes were sold in Cicero Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 18 Days Ago

Newest Listings in Cicero Township, IN

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