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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nineveh Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Nineveh Township, IN

How much do homes in Nineveh Township, IN cost?

Median Sold Price

$327,250

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$47,250(+16.9%)

Key Takeaway

Homes in Nineveh Township have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Nineveh Township was $327,250 in May 2024, up 16.9% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $323K$250K
-22.6%
2 $192.1K$360K
+87.4%
3 $347.5K$303.7K
-12.6%
4 $369.9K$840K
+127.1%
5+ $380K$817.5K
+115.1%

Summary: Nineveh Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.6%, 2 bedroom homes increased by 87.4%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 127.1%, and 5+ bedroom homes increased by 115.1%.

Median Sold Price Compared To Nearby Cities

Trafalgar
+34.3%
Hensley Township
+24.4%
Princes Lakes
+17.0%
Nineveh Township
+16.9%
Blue River Township
+10.4%

Housing Supply in Nineveh Township, IN

How many homes are available in Nineveh Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5957-3.4%

Summary: The Nineveh Township real estate market had 57 homes for sale in May 2024, a 3.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 2924
-17.2%
3 2628
+7.7%
4 44
0.0%
5+ 00
0.0%

Summary: The Nineveh Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12120.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nineveh Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Nineveh Township in May 2024, the same as the previous month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Nineveh Township, IN

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

Average Sale Time

May 2023May 2024CHANGE
42 Days44 Days+4.1%

Summary: Homes in Nineveh Township had an average of 44 days on market in May 2024, up by 4.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 12 homes were sold in Nineveh Township; 67% of homes were sold within 30 days, 17% 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 1 Day Ago

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