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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Decatur Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Decatur Township, IN cost?

Median Sold Price

$225,333

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$27,288(+13.8%)

Key Takeaway

Homes in Decatur Township have sold for 13.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$59.5K
N/A
2 $125.9K$139K
+10.4%
3 $190K$220K
+15.8%
4 $221.4K$260.2K
+17.5%
5+ $261.5K$294.4K
+12.6%

Median Sold Price Compared To Nearby Cities

Guilford Township
+24.0%
Camby
+20.9%
Plainfield
+19.5%
Perry Township
+15.0%
Decatur Township
+13.8%

How many homes are available in Decatur Township, IN?

Number of Homes For Sale

Oct 2022Nov 2022%
142129-9.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 135
-61.5%
3 9186
-5.5%
4 3434
0.0%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
3830-21.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Decatur Township, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
8 Days25 Days+190.5%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Decatur 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 Decatur Township, IN

Homes for sale in Decatur Township, IN have reached 129. The number of homes for sale in Decatur Township, IN decreased by 9.2% between October 2022 and November 2022. While the average time on the market in November 2022 was 25 days, the median list price was $225,333. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 10.4%, 3 bedrooms properties prices increased by 15.8%, 4 bedrooms properties prices increased by 17.5%, prices of 5 bedrooms properties increased by 12.6%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 61.5%, number of 3 bedrooms homes decreased by 5.5%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes remained the same. Over 2 listings were sold over their listed price in November 2022 in Decatur Township, IN. In the same period over 19 listings were sold below the listed price and 9 listings were sold for the listed price.

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