Is Adams Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Adams Township has remained a Seller's Market.
Housing Prices in Adams Township, IN
How much do homes in Adams Township, IN cost?
Median Sold Price
$254,950
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Adams Township was $254,950 in March 2024, up 10.1% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $119K | N/A |
2 Bedrooms | $148.5K | $170.7K | +15.0% |
3 Bedrooms | $233.7K | $231.5K | -1.0% |
4 Bedrooms | $274.9K | $312K | +13.5% |
5+ Bedrooms | $437.5K | $345K | -21.1% |
Summary: Adams Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 21.1%.
Median Sold Price Compared To Nearby Cities
Sheridan | $224.7K | $280K | +24.6% |
Jackson Township | $285K | $345.5K | +21.2% |
Adams Township | $231.5K | $254.9K | +10.1% |
Marion Township | $271K | $124.5K | -54.1% |
Housing Supply in Adams Township, IN
How many homes are available in Adams Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 16 | +45.5% |
Summary: The Adams Township real estate market had 16 homes for sale in March 2024, a 45.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 3 | 7 | +133.3% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Adams Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Adams Township in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Adams Township, IN
How long does it take to sell a home in Adams Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 20 Days | -57.7% |
Summary: Homes in Adams Township had an average of 20 days on market in Mar 2024, down by 57.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Adams Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.