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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Pleasant Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Mount Pleasant Township, IN

How much do homes in Mount Pleasant Township, IN cost?

Median Sold Price

$254,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$39,000(+18.1%)

Key Takeaway

Homes in Mount Pleasant Township have sold for 18.1% more than they did a year ago.

Summary: The median home sold price in Mount Pleasant Township was $254,000 in September 2024, up 18.1% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $119K$141K
+18.5%
3 $190K$235K
+23.7%
4 $257.5K$285K
+10.7%
5+ $422K$409.5K
-3.0%

Summary: Mount Pleasant Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Cities

Mount Pleasant Township
+18.1%
Yorktown
+12.7%
Muncie
+10.3%
Center Township
+6.4%

Housing Supply in Mount Pleasant Township, IN

How many homes are available in Mount Pleasant Township, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6971+2.9%

Summary: The Mount Pleasant Township real estate market had 71 homes for sale in September 2024, a 2.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 3535
0.0%
4 1820
+11.1%
5+ 86
-25.0%

Summary: The Mount Pleasant Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1924+26.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Pleasant Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Mount Pleasant Township in September 2024, up by 26.3% month-over-month. Of the 24 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Mount Pleasant Township, IN

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

Average Sale Time

Sep 2023Sep 2024CHANGE
23 Days31 Days+32.1%

Summary: Homes in Mount Pleasant Township had an average of 31 days on market in Sep 2024, up by 32.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 24 homes were sold in Mount Pleasant Township; 21% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Mount Pleasant Township, IN

Nearby Markets to Mount Pleasant Township, IN

What housing markets are near Mount Pleasant Township, IN?