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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Clark Township was a Seller's Market.

Key Takeaway

Clark Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Clark Township, IN

How much do homes in Clark Township, IN cost?

Median Sold Price

$235,500

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$42,000(+21.7%)

Key Takeaway

Homes in Clark Township have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in Clark Township was $235,500 in April 2024, up 21.7% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $115K$137.4K
+19.5%
3 $195.5K$225.7K
+15.5%
4 $187.4K$370K
+97.4%
5+ $389K$302.5K
-22.2%

Summary: Clark 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 19.5%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 97.4%, and 5+ bedroom homes decreased by 22.2%.

Median Sold Price Compared To Nearby Cities

Ladoga
+34.6%
Clark Township
+21.7%

Housing Supply in Clark Township, IN

How many homes are available in Clark Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
109-10.0%

Summary: The Clark Township real estate market had 9 homes for sale in April 2024, a 10.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 10
-100.0%
5+ 21
-50.0%

Summary: The Clark 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 increased by 14.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Clark Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Clark Township, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
146 Days3 Days-97.9%

Summary: Homes in Clark Township had an average of 3 days on market in Apr 2024, down by 97.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Clark Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Clark Township, IN

Nearby Markets to Clark Township, IN