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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brandywine Township is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Brandywine Township was a Seller's Market.

Key Takeaway

Brandywine Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brandywine Township, IN

How much do homes in Brandywine Township, IN cost?

Median Sold Price

$225,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$66,000(+41.5%)

Key Takeaway

Homes in Brandywine Township have sold for 41.5% more than they did a year ago.

Summary: The median home sold price in Brandywine Township was $225,000 in April 2024, up 41.5% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $131K$151.5K
+15.6%
3 $157K$225K
+43.3%
4 $265.5K$277.5K
+4.5%
5+ $775K$382K
-50.7%

Summary: Brandywine 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 increased by 15.6%, 3 bedroom homes increased by 43.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 50.7%.

Median Sold Price Compared To Nearby Cities

Fairland
+43.0%
Brandywine Township
+41.5%
Shelbyville
+9.6%
Marion Township
-36.0%

Housing Supply in Brandywine Township, IN

How many homes are available in Brandywine Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Brandywine Township real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 33
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Brandywine 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brandywine Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Brandywine Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Brandywine Township, IN

How long does it take to sell a home in Brandywine Township, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
34 Days4 Days-88.2%

Summary: Homes in Brandywine Township had an average of 4 days on market in Apr 2024, down by 88.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Brandywine Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 14 Days Ago

Newest Listings in Brandywine Township, IN

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