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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Eagle Township, IN

How much do homes in Eagle Township, IN cost?

Median Sold Price

$626,633

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$76,633(+13.9%)

Key Takeaway

Homes in Eagle Township have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in Eagle Township was $626,633 in May 2024, up 13.9% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $200K$450K
+125.0%
2 $322K$287.5K
-10.7%
3 $420K$432.5K
+3.0%
4 $567.5K$600K
+5.7%
5+ $758.5K$860K
+13.4%

Summary: Eagle Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 125%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 13.4%.

Median Sold Price Compared To Nearby Cities

Eagle Township
+13.9%
Union Township
+10.9%
Zionsville
+6.7%
Worth Township
+0.8%
Whitestown
-5.6%

Housing Supply in Eagle Township, IN

How many homes are available in Eagle Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
112141+25.9%

Summary: The Eagle Township real estate market had 141 homes for sale in May 2024, a 25.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 3543
+22.9%
4 3948
+23.1%
5+ 3747
+27.0%

Summary: The Eagle Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 27%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2446+91.7%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eagle Township, you could pay more than the asking price. 39.1% of homes here sold above asking price last month.

Summary: A total of 46 homes were sold or pending in Eagle Township in May 2024, up by 91.7% month-over-month. Of the 46 sold homes, 35% were sold under asking, 26% were sold at asking, and 39% were sold over asking.

Days on Market for Eagle Township, IN

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

Average Sale Time

May 2023May 2024CHANGE
8 Days18 Days+116.6%

Summary: Homes in Eagle Township had an average of 18 days on market in May 2024, up by 116.6% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 46 homes were sold in Eagle Township; 87% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 4% 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 2 Days Ago

Newest Listings in Eagle Township, IN

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