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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brownstown Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Brownstown Township, IN

How much do homes in Brownstown Township, IN cost?

Median Sold Price

$215,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$29,250(+15.7%)

Key Takeaway

Homes in Brownstown Township have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in Brownstown Township was $215,000 in April 2024, up 15.7% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $77.5K-
N/A
2 $305K$227.5K
-25.4%
3 $177.4K$190K
+7.1%
4 $181K$429.7K
+137.4%
5+ $179.5K$512.9K
+185.7%

Summary: Brownstown 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 decreased by 25.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 137.4%, and 5+ bedroom homes increased by 185.7%.

Median Sold Price Compared To Nearby Cities

Brownstown
+25.7%
Brownstown Township
+15.7%

Housing Supply in Brownstown Township, IN

How many homes are available in Brownstown Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1310-23.1%

Summary: The Brownstown Township real estate market had 10 homes for sale in April 2024, a 23.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 64
-33.3%
4 44
0.0%
5+ 21
-50.0%

Summary: The Brownstown 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brownstown Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Brownstown Township in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Brownstown Township, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
25 Days19 Days-23.3%

Summary: Homes in Brownstown Township had an average of 19 days on market in Apr 2024, down by 23.3% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Brownstown Township; 67% of homes were sold within 30 days, 33% 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 16 Days Ago

Newest Listings in Brownstown Township, IN

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