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 December 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

$161,111

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$1,677(+1.1%)

Key Takeaway

Homes in Anderson Township have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Anderson Township was $161,111 in December 2024, up 1.1% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $33K$50.9K
+54.4%
2 $102.9K$115K
+11.7%
3 $171.5K$175K
+2.0%
4 $230K$230.5K
0.2%
5+ $217K$284.9K
+31.3%

Summary: Anderson Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.4%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 31.3%.

Median Sold Price Compared To Nearby Cities

Anderson Township
+1.1%
Anderson
+1.1%

Housing Supply in Anderson Township, IN

How many homes are available in Anderson Township, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
278275-1.1%

Summary: The Anderson Township real estate market had 275 homes for sale in December 2024, a 1.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 7785
+10.4%
3 137133
-2.9%
4 5245
-13.5%
5+ 99
0.0%

Summary: The Anderson Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
6962-10.1%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

16 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. 59.7% of homes here sold below asking price last month.

Summary: A total of 62 homes were sold or pending in Anderson Township in December 2024, down by 10.1% month-over-month. Of the 62 sold homes, 60% were sold under asking, 15% were sold at asking, and 26% 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

Dec 2023Dec 2024CHANGE
34 Days33 Days-4.6%

Summary: Homes in Anderson Township had an average of 33 days on market in Dec 2024, down by 4.6% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

4 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 December 2024, 62 homes were sold in Anderson Township; 56% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago

Newest Listings in Anderson Township, IN

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