Is Madison Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Madison Township has remained a Seller's Market.
Housing Prices in Madison Township, IN
How much do homes in Madison Township, IN cost?
Median Sold Price
$216,500
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Madison Township was $216,500 in April 2024, down 3.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $137K | N/A |
2 Bedrooms | $145K | $163.5K | +12.8% |
3 Bedrooms | $236.7K | $224.7K | -5.1% |
4 Bedrooms | $272.5K | $243K | -10.8% |
5+ Bedrooms | - | $218K | N/A |
Summary: Madison 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 increased by 12.8%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes did not change.
Housing Supply in Madison Township, IN
How many homes are available in Madison Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The Madison Township real estate market had 13 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Madison 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 increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Madison Township in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Madison Township, IN
We’re sorry, we don't have information for this market at the moment