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 Last Month

Since last month, 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

$162,500

$107/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$2,500(-1.5%)

Key Takeaway

Homes in Anderson Township have sold for 1.5% less than they did a month ago.

Summary: The median home sold price in Anderson Township was $162,500 in October 2024, down 1.5% from last month, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$43.9K
N/A
2 $90.5K$100K
+10.5%
3 $169.9K$163K
-4.1%
4 $255K$234.5K
-8.0%
5+ $356.2K-
N/A

Summary: Anderson Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Luce Township
+11.8%
Newburgh
+7.6%
Ohio Township
+7.0%
Anderson Township
-1.5%

Housing Supply in Anderson Township, IN

How many homes are available in Anderson Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
334318-4.8%

Summary: The Anderson Township real estate market had 318 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 8780
-8.0%
3 162158
-2.5%
4 6161
0.0%
5+ 1914
-26.3%

Summary: The Anderson Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 26.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10085-15.0%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

18 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. 54.1% of homes here sold below asking price last month.

Summary: A total of 85 homes were sold or pending in Anderson Township in October 2024, down by 15.0% month-over-month. Of the 85 sold homes, 54% were sold under asking, 21% were sold at asking, and 25% 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

Sep 2024Oct 2024CHANGE
31 Days36 Days+17.7%

Summary: Homes in Anderson Township had an average of 36 days on market in Oct 2024, up by 17.7% compared to last month.

Breakdown of Home Sale Times

50 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

8 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 October 2024, 85 homes were sold in Anderson Township; 59% of homes were sold within 30 days, 26% 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 22 Days Ago

Newest Listings in Anderson Township, IN

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