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 December 2023

Since last year, 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

$166,500

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$68,500(-29.1%)

Key Takeaway

Homes in Wabash Township have sold for 29.1% less than they did a year ago.

Summary: The median home sold price in Wabash Township was $166,500 in December 2024, down 29.1% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $180K$99.9K
-44.5%
3 $254K$172K
-32.3%
4 $235K$227K
-3.4%
5+ $185.5K$260K
+40.2%

Summary: Wabash Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 44.5%, 3 bedroom homes decreased by 32.3%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 40.2%.

Median Sold Price Compared To Nearby Cities

Troy Township
+18.9%
Wabash Township
-29.1%

Housing Supply in Wabash Township, IN

How many homes are available in Wabash Township, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7559-21.3%

Summary: The Wabash Township real estate market had 59 homes for sale in December 2024, a 21.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 99
0.0%
3 4028
-30.0%
4 1916
-15.8%
5+ 54
-20.0%

Summary: The Wabash Township housing inventory by bedroom type for December 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 30%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2514-44.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 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, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Wabash Township in December 2024, down by 44.0% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for Wabash Township, IN

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

Average Sale Time

Dec 2023Dec 2024CHANGE
76 Days55 Days-27.6%

Summary: Homes in Wabash Township had an average of 55 days on market in Dec 2024, down by 27.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During December 2024, 14 homes were sold in Wabash Township; 7% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% 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 4 Days Ago

Newest Listings in Wabash Township, IN

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