Is Center Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$175,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Center Township was $175,000 in April 2024, up 6.7% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $47K | +56.7% |
2 Bedrooms | $107.5K | $117.5K | +9.3% |
3 Bedrooms | $174K | $199.9K | +14.9% |
4 Bedrooms | $192.5K | $190K | -1.3% |
5+ Bedrooms | $336.9K | $195.9K | -41.9% |
Summary: Center Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.7%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 41.9%.
Median Sold Price Compared To Nearby Cities
North Vernon | $164K | $176K | +7.3% |
Center Township | $164K | $175K | +6.7% |
Housing Supply in Center Township, IN
How many homes are available in Center Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 25 | -16.7% |
Summary: The Center Township real estate market had 25 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 18 | 14 | -22.2% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Center Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Center Township in April 2024, the same as the previous month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 59 Days | +415.0% |
Summary: Homes in Center Township had an average of 59 days on market in Apr 2024, up by 415% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Center Township; 56% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.