Is Decatur Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Decatur Township has remained a Seller's Market.
Housing Prices in Decatur Township, IN
How much do homes in Decatur Township, IN cost?
Median Sold Price
$239,966
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Decatur Township was $239,966 in May 2024, up 3.9% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152.5K | $55K | -63.9% |
2 Bedrooms | $174.9K | $146.2K | -16.4% |
3 Bedrooms | $225K | $235K | +4.4% |
4 Bedrooms | $265K | $270K | +1.9% |
5+ Bedrooms | $299.9K | $340K | +13.4% |
Summary: Decatur Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.9%, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Cities
Decatur Township | $231K | $239.9K | +3.9% |
Camby | $271.5K | $277K | +2.0% |
Plainfield | $310K | $313.8K | +1.2% |
Perry Township | $234.9K | $234.3K | -0.3% |
Guilford Township | $315K | $300K | -4.8% |
Housing Supply in Decatur Township, IN
How many homes are available in Decatur Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
126 | 129 | +2.4% |
Summary: The Decatur Township real estate market had 129 homes for sale in May 2024, a 2.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 10 | 8 | -20.0% |
3 Bedrooms | 80 | 82 | +2.5% |
4 Bedrooms | 35 | 38 | +8.6% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Decatur Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 35 | -10.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Decatur Township in May 2024, down by 10.3% month-over-month. Of the 35 sold homes, 46% were sold under asking, 26% were sold at asking, and 29% were sold over asking.
Days on Market for Decatur Township, IN
How long does it take to sell a home in Decatur Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 29 Days | +73.2% |
Summary: Homes in Decatur Township had an average of 29 days on market in May 2024, up by 73.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 35 homes were sold in Decatur Township; 57% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.