Is Perry 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, Perry Township has remained a Seller's Market.
Housing Prices in Perry Township, IN
How much do homes in Perry Township, IN cost?
Median Sold Price
$234,325
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Perry Township was $234,325 in May 2024, down 0.3% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132.5K | $94.9K | -28.4% |
2 Bedrooms | $172.5K | $177K | +2.6% |
3 Bedrooms | $231.6K | $233K | +0.6% |
4 Bedrooms | $290K | $285K | -1.7% |
5+ Bedrooms | $380K | $338.5K | -10.9% |
Summary: Perry Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 10.9%.
Median Sold Price Compared To Nearby Cities
Greenwood | $289.9K | $309.9K | +6.9% |
Beech Grove | $185K | $191.4K | +3.5% |
Perry Township | $234.9K | $234.3K | -0.3% |
Southport | $229K | $225K | -1.7% |
Housing Supply in Perry Township, IN
How many homes are available in Perry Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
367 | 381 | +3.8% |
Summary: The Perry Township real estate market had 381 homes for sale in May 2024, a 3.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 77 | 78 | +1.3% |
3 Bedrooms | 202 | 225 | +11.4% |
4 Bedrooms | 68 | 58 | -14.7% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Perry 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 1.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
127 | 110 | -13.4% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 110 homes were sold or pending in Perry Township in May 2024, down by 13.4% month-over-month. Of the 110 sold homes, 43% were sold under asking, 31% were sold at asking, and 26% were sold over asking.
Days on Market for Perry Township, IN
How long does it take to sell a home in Perry Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 28 Days | -14.1% |
Summary: Homes in Perry Township had an average of 28 days on market in May 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
86 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 110 homes were sold in Perry Township; 78% 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.