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 neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Center Township has remained a Neutral Market.

Key Takeaway

Center Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Center Township, IN

How much do homes in Center Township, IN cost?

Median Sold Price

$236,000

$119/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$110,450(-31.9%)

Key Takeaway

Homes in Center Township have sold for 31.9% less than they did a month ago.

Summary: The median home sold price in Center Township was $236,000 in November 2024, down 31.9% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $222.9K-
N/A
3 -$236K
N/A
4 $470K$236K
-49.8%
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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 49.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Solsberry
+288.2%
Springville
+217.7%
Beech Creek Township
+32.0%
Center Township
-31.9%

Housing Supply in Center Township, IN

How many homes are available in Center Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1312-7.7%

Summary: The Center Township real estate market had 12 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 78
+14.3%
4 32
-33.3%
5+ 00
0.0%

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 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Center Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Center Township in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Center Township, IN

How long does it take to sell a home in Center Township, IN?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Center Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Center Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Center Township, IN

Nearby Markets to Center Township, IN

What housing markets are near Center Township, IN?