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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worth Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Worth Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Worth Township, IN

How much do homes in Worth Township, IN cost?

Median Sold Price

$345,750

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,750(+4.8%)

Key Takeaway

Homes in Worth Township have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Worth Township was $345,750 in October 2024, up 4.8% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $315K$302K
-4.1%
3 $315K$323.5K
+2.7%
4 $354.9K$377K
+6.2%
5+ $445K$400.2K
-10.1%

Summary: Worth Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 10.1%.

Median Sold Price Compared To Nearby Cities

Union Township
+15.2%
Whitestown
+5.5%
Worth Township
+4.8%
Eagle Township
-3.9%
Perry Township
-15.1%

Housing Supply in Worth Township, IN

How many homes are available in Worth Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8059-26.3%

Summary: The Worth Township real estate market had 59 homes for sale in October 2024, a 26.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 115
-54.5%
3 3325
-24.2%
4 2623
-11.5%
5+ 106
-40.0%

Summary: The Worth 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 54.5%, 3 bedroom homes decreased by 24.2%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2918-37.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worth Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Worth Township in October 2024, down by 37.9% month-over-month. Of the 18 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Worth Township, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days32 Days-40.4%

Summary: Homes in Worth Township had an average of 32 days on market in Oct 2024, down by 40.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 18 homes were sold in Worth Township; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% 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 17 Days Ago

Newest Listings in Worth Township, IN

Nearby Markets to Worth Township, IN

What housing markets are near Worth Township, IN?