$3,205 Closing Credit*
$269,900
3 Beds
•2 Full Baths
Jihan Rachel Brooks, Listing Office: DRH Realty of Indiana, LLC
Is Lancaster Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lancaster Township was a Seller's Market.
Key Takeaway
Lancaster Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lancaster Township, IN
How much do homes in Lancaster Township, IN cost?
Median Sold Price
$250,000
$97/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$22,750(+10.0%)
Key Takeaway
Homes in Lancaster Township have sold for 10% more than they did a month ago.
Summary: The median home sold price in Lancaster Township was $250,000 in November 2024, up 10% from last month, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $200K | - | N/A |
| 4 Bedrooms | $350K | $250K | -28.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lancaster 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 decreased by 28.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Harrison Township | $163.7K | $185K | +13.0% |
| Lancaster Township | $227.2K | $250K | +10.0% |
| Jefferson Township | $175K | $190K | +8.6% |
| Bluffton | $178.3K | $185K | +3.8% |
Housing Supply in Lancaster Township, IN
How many homes are available in Lancaster Township, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Summary: The Lancaster Township real estate market had 13 homes for sale in November 2024, a 31.6% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 6 | -45.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lancaster 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 45.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lancaster Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lancaster Township in November 2024, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lancaster 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.