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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Van Buren Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Van Buren Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Van Buren Township, IN

How much do homes in Van Buren Township, IN cost?

Median Sold Price

$335,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+13.6%)

Key Takeaway

Homes in Van Buren Township have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Van Buren Township was $335,000 in October 2024, up 13.6% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$185K
N/A
2 $205.6K$295K
+43.5%
3 $319.5K$354.3K
+10.9%
4 $352K$480K
+36.4%
5+ $2.0M-
N/A

Summary: Van Buren 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 43.5%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Van Buren Township
+13.6%
Washington Township
-5.4%

Housing Supply in Van Buren Township, IN

How many homes are available in Van Buren Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1918-5.3%

Summary: The Van Buren Township real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 74
-42.9%
4 56
+20.0%
5+ 34
+33.3%

Summary: The Van Buren 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 decreased by 42.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Buren Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Van Buren Township in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Van Buren Township, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days238 Days+2875.0%

Summary: Homes in Van Buren Township had an average of 238 days on market in Oct 2024, up by 2875% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Van Buren Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Van Buren Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in Van Buren Township, IN

Nearby Markets to Van Buren Township, IN

What housing markets are near Van Buren Township, IN?