Is Warren 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, Warren Township has remained a Seller's Market.
Housing Prices in Warren Township, IN
How much do homes in Warren Township, IN cost?
Median Sold Price
$201,775
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Warren Township was $201,775 in May 2024, up 3.2% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $71.5K | -31.9% |
2 Bedrooms | $150.3K | $161.7K | +7.6% |
3 Bedrooms | $195.3K | $196K | 0.3% |
4 Bedrooms | $255K | $251.6K | -1.3% |
5+ Bedrooms | $291K | $308.4K | +6.0% |
Summary: Warren Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
Cumberland | $246.2K | $255.9K | +3.9% |
Beech Grove | $185K | $191.4K | +3.5% |
Center Township | $178.3K | $184.2K | +3.3% |
Warren Township | $195.5K | $201.7K | +3.2% |
Housing Supply in Warren Township, IN
How many homes are available in Warren Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
401 | 401 | 0.0% |
Summary: The Warren Township real estate market had 401 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 78 | 89 | +14.1% |
3 Bedrooms | 222 | 205 | -7.7% |
4 Bedrooms | 81 | 86 | +6.2% |
5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Warren 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 14.1%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
124 | 134 | +8.1% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Summary: A total of 134 homes were sold or pending in Warren Township in May 2024, up by 8.1% month-over-month. Of the 134 sold homes, 47% were sold under asking, 22% were sold at asking, and 31% were sold over asking.
Days on Market for Warren Township, IN
How long does it take to sell a home in Warren Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 29 Days | +8.3% |
Summary: Homes in Warren Township had an average of 29 days on market in May 2024, up by 8.3% compared to last year.
Breakdown of Home Sale Times
105 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 134 homes were sold in Warren Township; 78% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.