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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Howard Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Howard Township, IN

How much do homes in Howard Township, IN cost?

Median Sold Price

$240,500

$116/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$50,500(+26.6%)

Key Takeaway

Homes in Howard Township have sold for 26.6% more than they did a month ago.

Summary: The median home sold price in Howard Township was $240,500 in November 2024, up 26.6% from last month, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $130K-
N/A
3 $203.2K-
N/A
4 -$240.5K
N/A
5+ --
N/A

Summary: Howard 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Howard Township
+26.6%
Kokomo
-7.1%
Center Township
-16.6%

Housing Supply in Howard Township, IN

How many homes are available in Howard Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
108-20.0%

Summary: The Howard Township real estate market had 8 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 21
-50.0%
4 55
0.0%
5+ 22
0.0%

Summary: The Howard 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 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Howard Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Howard Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Howard Township, IN

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Howard Township has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Howard Township; 0% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in Howard Township, IN

Nearby Markets to Howard Township, IN

What housing markets are near Howard Township, IN?