Is Bainbridge Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bainbridge Township was a Buyer's Market.
Housing Prices in Bainbridge Township, IN
How much do homes in Bainbridge Township, IN cost?
Median Sold Price
$274,500
$130/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Bainbridge Township was $274,500 in April 2024, down 47.5% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $522.5K | $269K | -48.5% |
4 Bedrooms | - | $280K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Bainbridge Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 48.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Marion Township | $76K | $229.9K | +202.5% |
Bainbridge Township | $522.5K | $274.5K | -47.5% |
Housing Supply in Bainbridge Township, IN
How many homes are available in Bainbridge Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 38 | +65.2% |
Summary: The Bainbridge Township real estate market had 38 homes for sale in April 2024, a 65.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 17 | 27 | +58.8% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bainbridge Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 58.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 12 | +500.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Bainbridge Township in April 2024, up by 500.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.
Days on Market for Bainbridge Township, IN
How long does it take to sell a home in Bainbridge Township, IN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 Days | 22 Days | -76.9% |
Summary: Homes in Bainbridge Township had an average of 22 days on market in Apr 2024, down by 76.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Bainbridge Township; 17% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.