Is Decatur Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Decatur Township has remained a Seller's Market.
Housing Prices in Decatur Township, IN
How much do homes in Decatur Township, IN cost?
Median Sold Price
$239,920
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Decatur Township was $239,920 in March 2024, up 2.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $135K | +80.0% |
2 Bedrooms | $173.4K | $154K | -11.2% |
3 Bedrooms | $225.9K | $232.6K | +3.0% |
4 Bedrooms | $264K | $270K | +2.3% |
5+ Bedrooms | $289K | $340K | +17.6% |
Summary: Decatur Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 17.6%.
Median Sold Price Compared To Nearby Cities
Decatur Township | $235K | $239.9K | +2.1% |
Camby | $273K | $275K | +0.7% |
Plainfield | $309.5K | $306.8K | -0.8% |
Perry Township | $235K | $230K | -2.1% |
Guilford Township | $313.2K | $299.9K | -4.3% |
Housing Supply in Decatur Township, IN
How many homes are available in Decatur Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
117 | 118 | +0.9% |
Summary: The Decatur Township real estate market had 118 homes for sale in March 2024, a 0.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 11 | -15.4% |
3 Bedrooms | 73 | 73 | 0.0% |
4 Bedrooms | 29 | 32 | +10.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Decatur 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 decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 31 | -27.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Decatur Township in March 2024, down by 27.9% month-over-month. Of the 31 sold homes, 39% were sold under asking, 29% were sold at asking, and 32% were sold over asking.
Days on Market for Decatur Township, IN
How long does it take to sell a home in Decatur Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 23 Days | -38.8% |
Summary: Homes in Decatur Township had an average of 23 days on market in Mar 2024, down by 38.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in Decatur Township; 65% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.