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

$185,000

$114/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$9,500(-4.9%)

Key Takeaway

Homes in Washington Township have sold for 4.9% less than they did a month ago.

Summary: The median home sold price in Washington Township was $185,000 in November 2024, down 4.9% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $75K$57.5K
-23.3%
2 $137.5K$129K
-6.2%
3 $197.2K$192K
-2.7%
4 $219K$234.5K
+7.1%
5+ $218K$380K
+74.3%

Summary: Washington Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 74.3%.

Median Sold Price Compared To Nearby Cities

Washington Township
-4.9%
Williamsport
-37.3%

Housing Supply in Washington Township, IN

How many homes are available in Washington Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
93930.0%

Summary: The Washington Township real estate market had 93 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 2221
-4.5%
3 4948
-2.0%
4 1213
+8.3%
5+ 78
+14.3%

Summary: The Washington Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1819+5.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 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. 58.8% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Washington Township in November 2024, up by 5.6% month-over-month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% were sold over asking.

Days on Market for Washington Township, IN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
70 Days4 Days-94.3%

Summary: Homes in Washington Township had an average of 4 days on market in Nov 2024, down by 94.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 19 homes were sold in Washington Township; 5% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in Washington Township, IN

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