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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Concord Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Concord Township has remained a Seller's Market.

Key Takeaway

Concord Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Concord Township, IN

How much do homes in Concord Township, IN cost?

Median Sold Price

$200,000

$121/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$20,000(-9.1%)

Key Takeaway

Homes in Concord Township have sold for 9.1% less than they did a month ago.

Summary: The median home sold price in Concord Township was $200,000 in October 2024, down 9.1% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $94K-
N/A
2 $157.5K$143K
-9.2%
3 $220K$200K
-9.1%
4 $247.7K$217.4K
-12.2%
5+ $161.5K-
N/A

Summary: Concord 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 decreased by 9.2%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Osolo Township
+18.4%
Elkhart
+3.7%
Concord Township
-9.1%
Jefferson Township
-12.8%
Baugo Township
-29.7%

Housing Supply in Concord Township, IN

How many homes are available in Concord Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
140170+21.4%

Summary: The Concord Township real estate market had 170 homes for sale in October 2024, a 21.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 2328
+21.7%
3 6583
+27.7%
4 4654
+17.4%
5+ 45
+25.0%

Summary: The Concord Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
40400.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Concord Township, you may be able to get a good deal. 37.8% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in Concord Township in October 2024, the same as the previous month. Of the 37 sold homes, 38% were sold under asking, 27% were sold at asking, and 35% were sold over asking.

Days on Market for Concord 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 20 Days Ago

Newest Listings in Concord Township, IN

Nearby Markets to Concord Township, IN

What housing markets are near Concord Township, IN?