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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orange Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Orange Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Orange Township, IN

How much do homes in Orange Township, IN cost?

Median Sold Price

$262,500

$142/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$177,500(-40.3%)

Key Takeaway

Homes in Orange Township have sold for 40.3% less than they did a month ago.

Summary: The median home sold price in Orange Township was $262,500 in March 2024, down 40.3% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$155K
N/A
3 -$370K
N/A
4 --
N/A
5+ $440K-
N/A

Summary: Orange Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Manilla
+514.6%
Orange Township
-40.3%

Housing Supply in Orange Township, IN

How many homes are available in Orange Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
35+66.7%

Summary: The Orange Township real estate market had 5 homes for sale in March 2024, a 66.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 01
+100.0%
5+ 22
0.0%

Summary: The Orange 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Orange Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Orange Township, IN

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

Average Sale Time

Feb 2024Mar 2024CHANGE
323 Days2 Days-99.4%

Summary: Homes in Orange Township had an average of 2 days on market in Mar 2024, down by 99.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Orange Township; 100% of homes were sold within 30 days, 0% 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 Orange Township, IN

Nearby Markets to Orange Township, IN

What housing markets are near Orange Township, IN?