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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middle Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Middle Township, IN

How much do homes in Middle Township, IN cost?

Median Sold Price

$349,950

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,200(+3.3%)

Key Takeaway

Homes in Middle Township have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Middle Township was $349,950 in April 2024, up 3.3% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $325.9K$282.2K
-13.4%
3 $321.3K$315K
-2.0%
4 $351K$384.4K
+9.5%
5+ $402K$453K
+12.7%

Summary: Middle 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 13.4%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Cities

Brownsburg
+16.1%
Pittsboro
+6.0%
Lincoln Township
+4.0%
Brown Township
+4.0%
Middle Township
+3.3%

Housing Supply in Middle Township, IN

How many homes are available in Middle Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2126+23.8%

Summary: The Middle Township real estate market had 26 homes for sale in April 2024, a 23.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 812
+50.0%
4 1113
+18.2%
5+ 21
-50.0%

Summary: The Middle 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middle Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Middle Township in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Middle Township, IN

How long does it take to sell a home in Middle Township, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days59 Days+148.9%

Summary: Homes in Middle Township had an average of 59 days on market in Apr 2024, up by 148.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middle Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in Middle Township; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Middle Township, IN

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