Is Union Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Union Township was a Buyer's Market.
Housing Prices in Union Township, IN
How much do homes in Union Township, IN cost?
Median Sold Price
$840,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Union Township was $840,000 in April 2024, up 13.6% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $285K | $290K | +1.8% |
3 Bedrooms | $405K | $667.8K | +64.9% |
4 Bedrooms | $747.5K | $721K | -3.5% |
5+ Bedrooms | $849.9K | $925K | +8.8% |
Summary: Union Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 64.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 8.8%.
Median Sold Price Compared To Nearby Cities
Eagle Township | $543.1K | $631.9K | +16.3% |
Union Township | $739.7K | $840K | +13.6% |
Westfield | $432.5K | $445.3K | +2.9% |
Worth Township | $336.7K | $326.5K | -3.0% |
Housing Supply in Union Township, IN
How many homes are available in Union Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Summary: The Union Township real estate market had 9 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 0 | -100.0% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Union Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Union Township in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Union Township, IN
How long does it take to sell a home in Union Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 83 Days | +41.9% |
Summary: Homes in Union Township had an average of 83 days on market in Apr 2024, up by 41.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Union Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.