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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing German Township is a 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

$230,000

$134/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$29,950(-11.5%)

Key Takeaway

Homes in German Township have sold for 11.5% less than they did a month ago.

Summary: The median home sold price in German Township was $230,000 in October 2024, down 11.5% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$545K
N/A
3 $259.9K$220K
-15.4%
4 $390K$230K
-41.0%
5+ --
N/A

Summary: German 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 did not change, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 41%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Locke Township
+74.1%
Bremen
+49.1%
German Township
-11.5%

Housing Supply in German Township, IN

How many homes are available in German Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1416+14.3%

Summary: The German Township real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 65
-16.7%
4 66
0.0%
5+ 00
0.0%

Summary: The German 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 increased by 150%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in German Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in German Township in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

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

Report Updated 16 Days Ago

Newest Listings in German Township, IN

Nearby Markets to German Township, IN

What housing markets are near German Township, IN?