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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Center Township has remained a Buyer's Market.

Key Takeaway

Center Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Center Township, IN

How much do homes in Center Township, IN cost?

Median Sold Price

$127,000

$71/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$89,000(+234.2%)

Key Takeaway

Homes in Center Township have sold for 234.2% more than they did a month ago.

Summary: The median home sold price in Center Township was $127,000 in August 2024, up 234.2% from last month, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 $29.1K-
N/A
3 $140K$150K
+7.1%
4 --
N/A
5+ $35K$75K
+114.3%

Summary: Center Township housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 114.3%.

Median Sold Price Compared To Nearby Cities

Center Township
+234.2%
Marion
+60.2%
Mill Township
-42.0%
Gas City
-44.0%

Housing Supply in Center Township, IN

How many homes are available in Center Township, IN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3450+47.1%

Summary: The Center Township real estate market had 50 homes for sale in August 2024, a 47.1% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 1011
+10.0%
3 1625
+56.3%
4 411
+175.0%
5+ 43
-25.0%

Summary: The Center Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 56.3%, 4 bedroom homes increased by 175%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 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 Center Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Center Township in August 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Jul 2024Aug 2024CHANGE
133 Days19 Days-85.8%

Summary: Homes in Center Township had an average of 19 days on market in Aug 2024, down by 85.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Center Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 5 homes were sold in Center Township; 20% of homes were sold within 30 days, 20% 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 13 Days Ago

Newest Listings in Center Township, IN

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