Is Anderson Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Anderson Township has remained a Seller's Market.

Key Takeaway

Anderson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Anderson Township, IN

How much do homes in Anderson Township, IN cost?

Median Sold Price

$159,133

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$24,024(+17.8%)

Key Takeaway

Homes in Anderson Township have sold for 17.8% more than they did a year ago.

Summary: The median home sold price in Anderson Township was $159,133 in April 2024, up 17.8% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $41.5K$45K
+8.4%
2 $90.5K$110K
+21.5%
3 $155K$175K
+12.9%
4 $192.5K$224.9K
+16.9%
5+ $240K$180K
-25.0%

Summary: Anderson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 25%.

Median Sold Price Compared To Nearby Cities

Anderson
+22.3%
Anderson Township
+17.8%

Housing Supply in Anderson Township, IN

How many homes are available in Anderson Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
284286+0.7%

Summary: The Anderson Township real estate market had 286 homes for sale in April 2024, a 0.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 44
0.0%
2 8379
-4.8%
3 147148
+0.7%
4 3538
+8.6%
5+ 1517
+13.3%

Summary: The Anderson 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 decreased by 4.8%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7481+9.5%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson Township, you may be able to get a good deal. 49.4% of homes here sold below asking price last month.

Summary: A total of 81 homes were sold or pending in Anderson Township in April 2024, up by 9.5% month-over-month. Of the 81 sold homes, 49% were sold under asking, 23% were sold at asking, and 27% 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

Apr 2023Apr 2024CHANGE
33 Days44 Days+33.8%

Summary: Homes in Anderson Township had an average of 44 days on market in Apr 2024, up by 33.8% compared to last year.

Breakdown of Home Sale Times

50 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Anderson Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 81 homes were sold in Anderson Township; 62% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Anderson Township, IN

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