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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Clark Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Clark Township, IN

How much do homes in Clark Township, IN cost?

Median Sold Price

$240,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$50,500(+26.6%)

Key Takeaway

Homes in Clark Township have sold for 26.6% more than they did a year ago.

Summary: The median home sold price in Clark Township was $240,000 in March 2024, up 26.6% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $115K$137.4K
+19.5%
3 $195K$235.5K
+20.8%
4 $195K$370K
+89.7%
5+ $389K$290K
-25.4%

Summary: Clark Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 89.7%, and 5+ bedroom homes decreased by 25.4%.

Median Sold Price Compared To Nearby Cities

Ladoga
+39.9%
Clark Township
+26.6%

Housing Supply in Clark Township, IN

How many homes are available in Clark Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
78+14.3%

Summary: The Clark Township real estate market had 8 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 46
+50.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The Clark 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Clark Township in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Clark Township, IN

How long does it take to sell a home in Clark Township, IN?

Average Sale Time

Mar 2023Mar 2024CHANGE
78 Days40 Days-49.0%

Summary: Homes in Clark Township had an average of 40 days on market in Mar 2024, down by 49% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clark Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in Clark Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 29 Days Ago

Newest Listings in Clark Township, IN

Nearby Markets to Clark Township, IN