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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perry Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Perry Township was a Seller's Market.

Key Takeaway

Perry Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Perry Township, IN

How much do homes in Perry Township, IN cost?

Median Sold Price

$320,000

$185/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$31,250(+10.8%)

Key Takeaway

Homes in Perry Township have sold for 10.8% more than they did a month ago.

Summary: The median home sold price in Perry Township was $320,000 in November 2024, up 10.8% from last month, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $210K-
N/A
2 $210K$220K
+4.8%
3 $284K$291.4K
+2.6%
4 $490K$434K
-11.4%
5+ $479K$320K
-33.2%

Summary: Perry 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 increased by 4.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 33.2%.

Median Sold Price Compared To Nearby Cities

Salt Creek Township
+149.3%
Perry Township
+10.8%
Bloomington
+2.1%
Clear Creek Township
-20.5%

Housing Supply in Perry Township, IN

How many homes are available in Perry Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
236227-3.8%

Summary: The Perry Township real estate market had 227 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 4747
0.0%
3 108101
-6.5%
4 5956
-5.1%
5+ 1718
+5.9%

Summary: The Perry 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 6.5%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4830-37.5%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perry Township, you may be able to get a good deal. 62.1% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Perry Township in November 2024, down by 37.5% month-over-month. Of the 29 sold homes, 62% were sold under asking, 31% were sold at asking, and 7% were sold over asking.

Days on Market for Perry 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 Perry Township, IN

Nearby Markets to Perry Township, IN

What housing markets are near Perry Township, IN?