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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Anderson Township, IN

How much do homes in Anderson Township, IN cost?

Median Sold Price

$158,700

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$17,669(+12.5%)

Key Takeaway

Homes in Anderson Township have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Anderson Township was $158,700 in May 2024, up 12.5% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $36.2K$45K
+24.1%
2 $91.9K$112K
+21.8%
3 $160K$174.9K
+9.3%
4 $195K$215K
+10.3%
5+ $235K$235K
0.0%

Summary: Anderson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Anderson
+16.9%
Anderson Township
+12.5%

Housing Supply in Anderson Township, IN

How many homes are available in Anderson Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
287301+4.9%

Summary: The Anderson Township real estate market had 301 homes for sale in May 2024, a 4.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 44
0.0%
2 7788
+14.3%
3 152148
-2.6%
4 3640
+11.1%
5+ 1821
+16.7%

Summary: The Anderson 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 14.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
8575-11.8%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson Township, you may be able to get a good deal. 50.7% of homes here sold below asking price last month.

Summary: A total of 75 homes were sold or pending in Anderson Township in May 2024, down by 11.8% month-over-month. Of the 75 sold homes, 51% were sold under asking, 21% were sold at asking, and 28% were sold over asking.

Days on Market for Anderson Township, IN

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

Average Sale Time

May 2023May 2024CHANGE
19 Days27 Days+46.9%

Summary: Homes in Anderson Township had an average of 27 days on market in May 2024, up by 46.9% compared to last year.

Breakdown of Home Sale Times

57 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 75 homes were sold in Anderson Township; 76% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 9% 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

Newest Listings in Anderson Township, IN

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