Is Center Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Center Township was a Seller's Market.

Key Takeaway

Center Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Center Township, IN

How much do homes in Center Township, IN cost?

Median Sold Price

$184,999

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$5,799(+3.2%)

Key Takeaway

Homes in Center Township have sold for 3.2% more than they did a month ago.

Summary: The median home sold price in Center Township was $184,999 in November 2024, up 3.2% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $145K$75K
-48.3%
3 $215.9K$199.9K
-7.4%
4 $347K-
N/A
5+ --
N/A

Summary: Center Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 48.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union Township
+64.2%
Frankfort
+25.1%
Center Township
+3.2%
Washington Township
+1.1%

Housing Supply in Center Township, IN

How many homes are available in Center Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5550-9.1%

Summary: The Center Township real estate market had 50 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 139
-30.8%
3 2926
-10.3%
4 89
+12.5%
5+ 56
+20.0%

Summary: The Center Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Center Township, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Center Township in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for Center Township, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Center Township, IN

Nearby Markets to Center Township, IN

What housing markets are near Center Township, IN?