Is Center 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, Center Township was a Neutral Market.
Housing Prices in Center Township, IN
How much do homes in Center Township, IN cost?
Median Sold Price
$84,500
$83/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Center Township was $84,500 in March 2024, up 62.8% from last month, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $51.9K | $84.5K | +62.8% |
3 Bedrooms | $118.5K | $75K | -36.7% |
4 Bedrooms | - | $310K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Center Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 62.8%, 3 bedroom homes decreased by 36.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Marion | $15K | $87.5K | +483.3% |
Center Township | $51.9K | $84.5K | +62.8% |
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 |
---|---|---|
20 | 31 | +55.0% |
Summary: The Center Township real estate market had 31 homes for sale in March 2024, a 55.0% 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 | 5 | 7 | +40.0% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
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 increased by 40%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 9 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Center Township in March 2024, up by 200.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% 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
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 34 Days | +100.0% |
Summary: Homes in Center Township had an average of 34 days on market in Mar 2024, up by 100% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Center Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.