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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brazil Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Brazil Township, IN

How much do homes in Brazil Township, IN cost?

Median Sold Price

$150,750

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,250(+10.4%)

Key Takeaway

Homes in Brazil Township have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Brazil Township was $150,750 in March 2024, up 10.4% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $133.5K$132.9K
-0.4%
3 $136K$155.2K
+14.2%
4 $157.4K$192K
+22.0%
5+ $171.9K$257.9K
+50.0%

Summary: Brazil 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 decreased by 0.4%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 50%.

Median Sold Price Compared To Nearby Cities

Brazil
+10.8%
Brazil Township
+10.4%

Housing Supply in Brazil Township, IN

How many homes are available in Brazil Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2724-11.1%

Summary: The Brazil Township real estate market had 24 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 510
+100.0%
3 168
-50.0%
4 55
0.0%
5+ 10
-100.0%

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

Number of Homes Sold

Feb 2024Mar 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brazil Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Brazil Township in March 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Brazil Township, IN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days12 Days-56.8%

Summary: Homes in Brazil Township had an average of 12 days on market in Mar 2024, down by 56.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 7 homes were sold in Brazil Township; 86% of homes were sold within 30 days, 14% 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 18 Days Ago

Newest Listings in Brazil Township, IN

Nearby Markets to Brazil Township, IN