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 April 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
$359,900
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $300.4K | $305K | +1.5% |
3 Bedrooms | $315.7K | $335K | +6.1% |
4 Bedrooms | $380K | $392K | +3.2% |
5+ Bedrooms | $421.3K | $419.9K | -0.3% |
Summary: Sugar Creek 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 1.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
Moral Township | $289.9K | $322.5K | +11.2% |
Cumberland | $245K | $247.4K | +1.0% |
New Palestine | $359.9K | $361K | 0.3% |
Sugar Creek Township | $360K | $359.9K | 0% |
Housing Supply in Sugar Creek Township, IN
How many homes are available in Sugar Creek Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 85 | +11.8% |
Summary: The Sugar Creek Township real estate market had 85 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 28 | 24 | -14.3% |
4 Bedrooms | 29 | 39 | +34.5% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Sugar Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 22 | +29.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Sugar Creek Township in April 2024, up by 29.4% month-over-month. Of the 22 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 34 Days | -25.4% |
Summary: Homes in Sugar Creek Township had an average of 34 days on market in Apr 2024, down by 25.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Sugar Creek Township; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.