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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delaware Township is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, Delaware Township has remained a Neutral Market.

Key Takeaway

Delaware Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Delaware Township, IN

How much do homes in Delaware Township, IN cost?

Median Sold Price

$100,000

$70/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$63,450(-38.8%)

Key Takeaway

Homes in Delaware Township have sold for 38.8% less than they did a year ago.

Summary: The median home sold price in Delaware Township was $100,000 in April 2024, down 38.8% from last year, and the median price per square foot was $70.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $94.7K$59K
-37.7%
3 $142.5K$97K
-31.9%
4 $172K$184.5K
+7.3%
5+ $440K$504.9K
+14.8%

Summary: Delaware Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.7%, 3 bedroom homes decreased by 31.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 14.8%.

Median Sold Price Compared To Nearby Cities

Albany
-3.6%
Delaware Township
-38.8%

Housing Supply in Delaware Township, IN

How many homes are available in Delaware Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Delaware Township real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 45
+25.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Delaware Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delaware Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Delaware Township in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Delaware 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 14 Days Ago

Newest Listings in Delaware Township, IN

Nearby Markets to Delaware Township, IN

What housing markets are near Delaware Township, IN?