Is Center Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Center Township has remained a Seller's Market.
Housing Prices in Center Township, IN
How much do homes in Center Township, IN cost?
Median Sold Price
$260,000
$144/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Summary: The median home sold price in Center Township was $260,000 in May 2024, the same as last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98.7K | $140K | +41.8% |
2 Bedrooms | $187K | $196.5K | +5.1% |
3 Bedrooms | $250K | $242.6K | -3.0% |
4 Bedrooms | $299.9K | $305K | +1.7% |
5+ Bedrooms | $330.3K | $341.3K | +3.3% |
Summary: Center Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.8%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
Brandywine Township | $299.9K | $430K | +43.4% |
Greenfield | $260K | $279.9K | +7.7% |
Center Township | $260K | $260K | 0.0% |
Housing Supply in Center Township, IN
How many homes are available in Center Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
130 | 149 | +14.6% |
Summary: The Center Township real estate market had 149 homes for sale in May 2024, a 14.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 18 | 19 | +5.6% |
3 Bedrooms | 63 | 77 | +22.2% |
4 Bedrooms | 38 | 41 | +7.9% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Center 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 increased by 5.6%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 41 | -6.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Center Township in May 2024, down by 6.8% month-over-month. Of the 41 sold homes, 49% were sold under asking, 37% were sold at asking, and 15% were sold over asking.
Days on Market for Center Township, IN
How long does it take to sell a home in Center Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 32 Days | +10.4% |
Summary: Homes in Center Township had an average of 32 days on market in May 2024, up by 10.4% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Center Township; 66% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.