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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centre Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Centre Township has remained a Seller's Market.

Key Takeaway

Centre Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Centre Township, IN

How much do homes in Centre Township, IN cost?

Median Sold Price

$309,950

$133/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$85,000(+37.8%)

Key Takeaway

Homes in Centre Township have sold for 37.8% more than they did a month ago.

Summary: The median home sold price in Centre Township was $309,950 in September 2024, up 37.8% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $264.7K$175K
-33.9%
3 $205K$305K
+48.8%
4 $342.5K$377.5K
+10.2%
5+ --
N/A

Summary: Centre Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.9%, 3 bedroom homes increased by 48.8%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Centre Township
+37.8%
Penn Township
+16.8%
Portage Township
+11.6%
South Bend
+0.7%

Housing Supply in Centre Township, IN

How many homes are available in Centre Township, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4757+21.3%

Summary: The Centre Township real estate market had 57 homes for sale in September 2024, a 21.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2835
+25.0%
4 913
+44.4%
5+ 22
0.0%

Summary: The Centre Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centre Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Centre Township in September 2024, up by 30.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Centre Township, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Centre Township, IN

Nearby Markets to Centre Township, IN

What housing markets are near Centre Township, IN?