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

Last month, German Township was a Buyer'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

$286,900

$146/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$54,900(+23.7%)

Key Takeaway

Homes in German Township have sold for 23.7% more than they did a month ago.

Summary: The median home sold price in German Township was $286,900 in October 2024, up 23.7% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$174.9K
N/A
3 $232K-
N/A
4 -$286.9K
N/A
5+ -$520K
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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

German Township
+23.7%
Center Township
+9.1%
Perry Township
+4.5%
Darmstadt
-40.8%
Robinson Township
-44.5%

Housing Supply in German Township, IN

How many homes are available in German Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1622+37.5%

Summary: The German Township real estate market had 22 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 56
+20.0%
4 36
+100.0%
5+ 55
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 66.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 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, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in German Township in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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 17 Days Ago

Newest Listings in German Township, IN

Nearby Markets to German Township, IN

What housing markets are near German Township, IN?