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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middle Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Middle Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Middle Township, IN

How much do homes in Middle Township, IN cost?

Median Sold Price

$350,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,500(+5.3%)

Key Takeaway

Homes in Middle Township have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Middle Township was $350,000 in October 2024, up 5.3% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $261.7K$287.5K
+9.9%
3 $315K$304.9K
-3.2%
4 $346.5K$390.7K
+12.8%
5+ $451.5K$425K
-5.9%

Summary: Middle Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.9%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Cities

Pittsboro
+7.1%
Brownsburg
+5.7%
Middle Township
+5.3%
Brown Township
+1.9%
Lincoln Township
+1.2%

Housing Supply in Middle Township, IN

How many homes are available in Middle Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3338+15.2%

Summary: The Middle Township real estate market had 38 homes for sale in October 2024, a 15.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1819
+5.6%
4 1014
+40.0%
5+ 44
0.0%

Summary: The Middle 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 remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middle Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Middle Township in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for Middle Township, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days15 Days+0.7%

Summary: Homes in Middle Township had an average of 15 days on market in Oct 2024, up by 0.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middle Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Middle Township; 78% of homes were sold within 30 days, 22% 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 16 Days Ago

Newest Listings in Middle Township, IN

Nearby Markets to Middle Township, IN

What housing markets are near Middle Township, IN?