Is Anderson 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, Anderson Township has remained a Seller's Market.
Housing Prices in Anderson Township, IN
How much do homes in Anderson Township, IN cost?
Median Sold Price
$158,700
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Anderson Township was $158,700 in May 2024, up 12.5% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $36.2K | $45K | +24.1% |
2 Bedrooms | $91.9K | $112K | +21.8% |
3 Bedrooms | $160K | $174.9K | +9.3% |
4 Bedrooms | $195K | $215K | +10.3% |
5+ Bedrooms | $235K | $235K | 0.0% |
Summary: Anderson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Anderson | $135.6K | $158.6K | +16.9% |
Anderson Township | $141K | $158.7K | +12.5% |
Housing Supply in Anderson Township, IN
How many homes are available in Anderson Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
287 | 301 | +4.9% |
Summary: The Anderson Township real estate market had 301 homes for sale in May 2024, a 4.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 77 | 88 | +14.3% |
3 Bedrooms | 152 | 148 | -2.6% |
4 Bedrooms | 36 | 40 | +11.1% |
5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The Anderson Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
85 | 75 | -11.8% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in Anderson Township in May 2024, down by 11.8% month-over-month. Of the 75 sold homes, 51% were sold under asking, 21% were sold at asking, and 28% were sold over asking.
Days on Market for Anderson Township, IN
How long does it take to sell a home in Anderson Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 27 Days | +46.9% |
Summary: Homes in Anderson Township had an average of 27 days on market in May 2024, up by 46.9% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 75 homes were sold in Anderson Township; 76% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.