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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Noblesville Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Noblesville Township, IN

How much do homes in Noblesville Township, IN cost?

Median Sold Price

$360,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,818(+2.5%)

Key Takeaway

Homes in Noblesville Township have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Noblesville Township was $360,000 in May 2024, up 2.5% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $257K$290K
+12.8%
2 $260K$285K
+9.6%
3 $309.5K$312.9K
+1.1%
4 $398.3K$411.8K
+3.4%
5+ $500K$522.5K
+4.5%

Summary: Noblesville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Cities

Cicero
+17.3%
Clay Township
+11.1%
Carmel
+8.1%
Noblesville
+5.0%
Noblesville Township
+2.5%

Housing Supply in Noblesville Township, IN

How many homes are available in Noblesville Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
313309-1.3%

Summary: The Noblesville Township real estate market had 309 homes for sale in May 2024, a 1.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 44
0.0%
2 4135
-14.6%
3 115120
+4.3%
4 108114
+5.6%
5+ 4536
-20.0%

Summary: The Noblesville 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 decreased by 14.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
100102+2.0%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Noblesville Township, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 102 homes were sold or pending in Noblesville Township in May 2024, up by 2.0% month-over-month. Of the 102 sold homes, 52% were sold under asking, 19% were sold at asking, and 29% were sold over asking.

Days on Market for Noblesville Township, IN

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

Average Sale Time

May 2023May 2024CHANGE
14 Days26 Days+80.7%

Summary: Homes in Noblesville Township had an average of 26 days on market in May 2024, up by 80.7% compared to last year.

Breakdown of Home Sale Times

78 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 102 homes were sold in Noblesville Township; 76% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% 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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