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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in West Township, IN

How much do homes in West Township, IN cost?

Median Sold Price

$343,000

$138/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$8,000(+2.4%)

Key Takeaway

Homes in West Township have sold for 2.4% more than they did a month ago.

Summary: The median home sold price in West Township was $343,000 in October 2024, up 2.4% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $335K$320K
-4.5%
4 -$366K
N/A
5+ --
N/A

Summary: West 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 decreased by 4.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West Township
+2.4%
Plymouth
-2.3%
Center Township
-11.4%
Polk Township
-17.3%

Housing Supply in West Township, IN

How many homes are available in West Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1614-12.5%

Summary: The West Township real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 139
-30.8%
4 23
+50.0%
5+ 11
0.0%

Summary: The West Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in West Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for West 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 16 Days Ago

Newest Listings in West Township, IN

Nearby Markets to West Township, IN

What housing markets are near West Township, IN?