Is Center 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, Center Township has remained a Seller's Market.
Housing Prices in Center Township, IN
How much do homes in Center Township, IN cost?
Median Sold Price
$251,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Center Township was $251,000 in March 2024, up 11.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $325K | N/A |
2 Bedrooms | $173.2K | $183K | +5.6% |
3 Bedrooms | $226K | $248K | +9.7% |
4 Bedrooms | $260K | $310K | +19.2% |
5+ Bedrooms | $329K | $387K | +17.6% |
Summary: Center 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 5.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 17.6%.
Median Sold Price Compared To Nearby Cities
Lebanon | $219.5K | $266K | +21.2% |
Center Township | $224.4K | $251K | +11.8% |
Worth Township | $327.7K | $325.6K | -0.6% |
Housing Supply in Center Township, IN
How many homes are available in Center Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 70 | +2.9% |
Summary: The Center Township real estate market had 70 homes for sale in March 2024, a 2.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 38 | 42 | +10.5% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Center Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 25 | +47.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Center Township in March 2024, up by 47.1% month-over-month. Of the 25 sold homes, 64% were sold under asking, 32% were sold at asking, and 4% were sold over asking.
Days on Market for Center Township, IN
How long does it take to sell a home in Center Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 39 Days | -13.2% |
Summary: Homes in Center Township had an average of 39 days on market in Mar 2024, down by 13.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Center Township; 52% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.