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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Washington Township, IN

How much do homes in Washington Township, IN cost?

Median Sold Price

$228,000

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$28,750(-11.2%)

Key Takeaway

Homes in Washington Township have sold for 11.2% less than they did a month ago.

Summary: The median home sold price in Washington Township was $228,000 in October 2024, down 11.2% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$75K
N/A
2 $369.9K$217.4K
-41.2%
3 $246.5K$235K
-4.7%
4 $285K$282.5K
-0.9%
5+ $125.1K$256K
+104.6%

Summary: Washington 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 41.2%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 104.6%.

Median Sold Price Compared To Nearby Cities

Wayne Township
+6.6%
Perry Township
+1.7%
Saint Joseph Township
0.2%
Fort Wayne
0%
Washington Township
-11.2%

Housing Supply in Washington Township, IN

How many homes are available in Washington Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
201205+2.0%

Summary: The Washington Township real estate market had 205 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 2434
+41.7%
3 120117
-2.5%
4 4037
-7.5%
5+ 1514
-6.7%

Summary: The Washington Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5663+12.5%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Township, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in Washington Township in October 2024, up by 12.5% month-over-month. Of the 56 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% were sold over asking.

Days on Market for Washington 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 Washington Township, IN

Nearby Markets to Washington Township, IN

What housing markets are near Washington Township, IN?