$2,909 Closing Credit*
$245,000
4 Beds
•2 Full Baths
Tanya Penister, Listing Office: Michiana Realty LLC
Is German Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, German Township has remained a Seller's Market.
Key Takeaway
German Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in German Township, IN
How much do homes in German Township, IN cost?
Median Sold Price
$309,950
$157/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$44,950(+17.0%)
Key Takeaway
Homes in German Township have sold for 17% more than they did a month ago.
Summary: The median home sold price in German Township was $309,950 in November 2024, up 17% from last month, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $220K | N/A |
| 3 Bedrooms | $255K | $253.7K | -0.5% |
| 4 Bedrooms | $352.5K | $369.9K | +5.0% |
| 5+ Bedrooms | - | $520K | N/A |
Summary: German 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 decreased by 0.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Clay Township | $232.5K | $325K | +39.8% |
| South Bend | $178K | $220K | +23.6% |
| German Township | $265K | $309.9K | +17.0% |
| Portage Township | $137.5K | $147K | +6.9% |
| Warren Township | $299K | $287.5K | -3.8% |
Housing Supply in German Township, IN
How many homes are available in German Township, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Summary: The German Township real estate market had 33 homes for sale in November 2024, a 2.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The German 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 remained the same, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in German Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in German Township in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for German Township, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.