Is Henry 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, Henry Township has remained a Seller's Market.
Housing Prices in Henry Township, IN
How much do homes in Henry Township, IN cost?
Median Sold Price
$135,000
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Henry Township was $135,000 in March 2024, up 23.1% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60.4K | $80K | +32.3% |
2 Bedrooms | $77.5K | $89K | +14.8% |
3 Bedrooms | $130.7K | $149.9K | +14.6% |
4 Bedrooms | $180K | $179.9K | -0.1% |
5+ Bedrooms | $152.5K | $280K | +83.6% |
Summary: Henry Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.3%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 83.6%.
Median Sold Price Compared To Nearby Cities
New Castle | $105K | $139.7K | +33.1% |
Henry Township | $109.6K | $135K | +23.1% |
Greensboro Township | $133.2K | $163K | +22.3% |
Housing Supply in Henry Township, IN
How many homes are available in Henry Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 87 | +17.6% |
Summary: The Henry Township real estate market had 87 homes for sale in March 2024, a 17.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 16 | 24 | +50.0% |
3 Bedrooms | 35 | 43 | +22.9% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Henry 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 50%, 3 bedroom homes increased by 22.9%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Henry Township in March 2024, up by 5.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Henry Township, IN
How long does it take to sell a home in Henry Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 29 Days | +54.7% |
Summary: Homes in Henry Township had an average of 29 days on market in Mar 2024, up by 54.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in Henry Township; 55% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.