Is Center Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$139,900
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Center Township was $139,900 in February 2024, up 25.5% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54K | $104.9K | +94.4% |
2 Bedrooms | $71.2K | $86.5K | +21.5% |
3 Bedrooms | $120K | $150.5K | +25.4% |
4 Bedrooms | $145K | $183.5K | +26.6% |
5+ Bedrooms | $148.7K | $215K | +44.6% |
Summary: Center Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.4%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 25.4%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes increased by 44.6%.
Housing Supply in Center Township, IN
How many homes are available in Center Township, IN?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
186 | 179 | -3.8% |
Summary: The Center Township real estate market had 179 homes for sale in February 2024, a 3.8% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 62 | 61 | -1.6% |
3 Bedrooms | 77 | 78 | +1.3% |
4 Bedrooms | 33 | 28 | -15.2% |
5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The Center Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
63 | 64 | +1.6% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Center Township in February 2024, up by 1.6% month-over-month. Of the 64 sold homes, 45% were sold under asking, 36% were sold at asking, and 19% 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 2023 | Feb 2024 | CHANGE |
---|---|---|
29 Days | 24 Days | -18.6% |
Summary: Homes in Center Township had an average of 24 days on market in Feb 2024, down by 18.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 64 homes were sold in Center Township; 3% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.