Is Adams Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$247,500
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Adams Township was $247,500 in April 2024, down 6.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $151.6K | -39.3% |
3 Bedrooms | $242.5K | $235K | -3.1% |
4 Bedrooms | $355.3K | $400K | +12.6% |
5+ Bedrooms | $625K | $575K | -8.0% |
Summary: Adams 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 decreased by 39.3%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
Fall Creek Township | $286.1K | $330K | +15.3% |
Shirley | $156.5K | $166.2K | +6.2% |
Brown Township | $168.7K | $170K | +0.7% |
Adams Township | $265K | $247.5K | -6.6% |
Housing Supply in Adams Township, IN
How many homes are available in Adams Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Summary: The Adams Township real estate market had 11 homes for sale in April 2024, a 8.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Adams 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Adams Township in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 95 Days | +34.1% |
Summary: Homes in Adams Township had an average of 95 days on market in Apr 2024, up by 34.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Adams Township; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.