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 March 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

$159,985

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,985(+14.3%)

Key Takeaway

Homes in Anderson Township have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Anderson Township was $159,985 in March 2024, up 14.3% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$39K
N/A
2 $100K$105K
+5.0%
3 $156.7K$177.3K
+13.1%
4 $223K$225K
+0.9%
5+ $235K$226K
-3.8%

Summary: Anderson 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 5%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 3.8%.

Housing Supply in Anderson Township, IN

How many homes are available in Anderson Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
268283+5.6%

Summary: The Anderson Township real estate market had 283 homes for sale in March 2024, a 5.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 24
+100.0%
2 8086
+7.5%
3 139142
+2.2%
4 3436
+5.9%
5+ 1315
+15.4%

Summary: The Anderson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7471-4.1%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

11 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. 53.5% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in Anderson Township in March 2024, down by 4.1% month-over-month. Of the 71 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% 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

Mar 2023Mar 2024CHANGE
50 Days39 Days-21.8%

Summary: Homes in Anderson Township had an average of 39 days on market in Mar 2024, down by 21.8% compared to last year.

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

11 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 March 2024, 71 homes were sold in Anderson Township; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% 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 26 Days Ago

Newest Listings in Anderson Township, IN

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