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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Columbus Township, IN cost?

Median Sold Price

$249,731

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$20,576(+9.0%)

Key Takeaway

Homes in Columbus Township have sold for 9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $84.9K$112.4K
+32.4%
2 $139.9K$145K
+3.6%
3 $219.4K$240K
+9.4%
4 $319.9K$329.9K
+3.1%
5+ $389K$433.2K
+11.4%

Median Sold Price Compared To Nearby Cities

Clay Township
+14.1%
Columbus
+12.1%
Columbus Township
+9.0%
Wayne Township
+5.5%
Harrison Township
+4.0%

How many homes are available in Columbus Township, IN?

Number of Homes For Sale

Oct 2022Nov 2022%
209178-14.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 4442
-4.5%
3 9273
-20.7%
4 5647
-16.1%
5+ 1716
-5.9%

Number of Homes Sold

Oct 2022Nov 2022%
6558-10.8%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbus Township, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
25 Days27 Days+8.2%

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Columbus Township, IN

Columbus Township, IN has 178 homes for sale to choose from. Between October 2022 and November 2022, Columbus Township, IN real estate market has seen decrease in the number of listings by 14.8%. While the average time on the market in November 2022 was 27 days, the median list price was $249,731. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 32.4%, 2 bedrooms properties became 3.6% more expensive, the cost of 3 bedrooms properties went up by 9.4%, the cost of 4 bedrooms properties went up by 3.1%, 5 bedrooms properties prices increased by 11.4%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 4.5%, number of 3 bedrooms homes decreased by 20.7%, volume of 4 bedrooms homes went down by 16.1%, number of 5 bedrooms homes decreased by 5.9%. Over 11 listings were sold over their listed price in November 2022 in Columbus Township, IN. In the same period over 33 listings were sold below the listed price and 14 listings were sold for the listed price.

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