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 seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Van Buren Township, IN

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

Median Sold Price

$485,000

$198/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$235,000(+94.0%)

Key Takeaway

Homes in Van Buren Township have sold for 94% more than they did a month ago.

Summary: The median home sold price in Van Buren Township was $485,000 in October 2024, up 94% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$180K
N/A
3 $190.7K$500K
+162.1%
4 -$485K
N/A
5+ $390K-
N/A

Summary: Van Buren Township housing prices by bedroom type for October 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 increased by 162.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

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
17170.0%

Summary: The Van Buren Township real estate market had 17 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 87
-12.5%
4 45
+25.0%
5+ 33
0.0%

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 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Buren Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Van Buren Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Sep 2024Oct 2024CHANGE
53 Days14 Days-72.6%

Summary: Homes in Van Buren Township had an average of 14 days on market in Oct 2024, down by 72.6% compared to last month.

Breakdown of Home Sale Times

2 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

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

Summary: During October 2024, 4 homes were sold in Van Buren Township; 50% 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 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?