Is Anderson 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, Anderson Township has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $39K | N/A |
2 Bedrooms | $100K | $105K | +5.0% |
3 Bedrooms | $156.7K | $177.3K | +13.1% |
4 Bedrooms | $223K | $225K | +0.9% |
5+ Bedrooms | $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 2024 | Mar 2024 | CHANGE |
---|---|---|
268 | 283 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 80 | 86 | +7.5% |
3 Bedrooms | 139 | 142 | +2.2% |
4 Bedrooms | 34 | 36 | +5.9% |
5+ Bedrooms | 13 | 15 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 71 | -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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 39 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
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.