Is Greencastle 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, Greencastle Township has remained a Seller's Market.
Housing Prices in Greencastle Township, IN
How much do homes in Greencastle Township, IN cost?
Median Sold Price
$212,500
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Greencastle Township was $212,500 in March 2024, up 14.9% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $64K | -52.6% |
2 Bedrooms | $145.2K | $154K | +6.1% |
3 Bedrooms | $185K | $217K | +17.3% |
4 Bedrooms | $257.5K | $295K | +14.6% |
5+ Bedrooms | $235K | $347K | +47.7% |
Summary: Greencastle Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.6%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 47.7%.
Median Sold Price Compared To Nearby Cities
Greencastle | $175K | $212.5K | +21.4% |
Greencastle Township | $185K | $212.5K | +14.9% |
Madison Township | $243.5K | $222K | -8.8% |
Marion Township | $180K | $100K | -44.4% |
Housing Supply in Greencastle Township, IN
How many homes are available in Greencastle Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 56 | +14.3% |
Summary: The Greencastle Township real estate market had 56 homes for sale in March 2024, a 14.3% 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 | 5 | 10 | +100.0% |
3 Bedrooms | 27 | 28 | +3.7% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Greencastle 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 increased by 100%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Greencastle Township in March 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Greencastle Township, IN
How long does it take to sell a home in Greencastle Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 29 Days | -49.7% |
Summary: Homes in Greencastle Township had an average of 29 days on market in Mar 2024, down by 49.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Greencastle Township; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.