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
$280,000
$161/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 $280,000 in March 2024, up 1.8% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121K | $87.5K | -27.7% |
2 Bedrooms | $188.5K | $223K | +18.3% |
3 Bedrooms | $250K | $268K | +7.2% |
4 Bedrooms | $310K | $315.9K | +1.9% |
5+ Bedrooms | $439.9K | $626K | +42.3% |
Summary: Center Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.7%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 42.3%.
Median Sold Price Compared To Nearby Cities
Danville | $272.5K | $299.5K | +9.9% |
Middle Township | $337.5K | $347K | +2.8% |
Center Township | $275K | $280K | +1.8% |
Washington Township | $315.4K | $320.2K | +1.5% |
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 |
---|---|---|
45 | 49 | +8.9% |
Summary: The Center Township real estate market had 49 homes for sale in March 2024, a 8.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 28 | 28 | 0.0% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 2 | 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 increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Center Township in March 2024, down by 21.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% 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 |
---|---|---|
32 Days | -9 Days | -129.1% |
Summary: Homes in Center Township had an average of -9 days on market in Mar 2024, down by 129.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Center Township; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.