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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wabash Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Wabash Township, IN

How much do homes in Wabash Township, IN cost?

Median Sold Price

$169,250

$118/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$3,000(-1.7%)

Key Takeaway

Homes in Wabash Township have sold for 1.7% less than they did a month ago.

Summary: The median home sold price in Wabash Township was $169,250 in October 2024, down 1.7% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $115.5K$99.9K
-13.5%
3 $195K$194.2K
-0.4%
4 $140K$350K
+150.0%
5+ $290K-
N/A

Summary: Wabash 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 decreased by 13.5%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 150%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Berne
+106.0%
Monroe Township
+54.0%
Wabash Township
-1.7%
Geneva
-36.6%

Housing Supply in Wabash Township, IN

How many homes are available in Wabash Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7485+14.9%

Summary: The Wabash Township real estate market had 85 homes for sale in October 2024, a 14.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1512
-20.0%
3 3645
+25.0%
4 1419
+35.7%
5+ 77
0.0%

Summary: The Wabash 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 decreased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wabash Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in Wabash Township in October 2024, down by 4.5% month-over-month. Of the 20 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.

Days on Market for Wabash 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 Wabash Township, IN

Nearby Markets to Wabash Township, IN