Housing Prices in Penn Township, IN
How much do homes in Penn Township, IN cost?
Median List Price
$219,900
$139/sqft
Based on all homes listed in March 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Penn Township has decreased by 21.4% since February.
Summary: The median home list price in Penn Township was $219,900 in March 2024, down 21.4% from the previous month, and the median price per square foot was $139.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $92.5K | N/A |
| 2 Bedrooms | $159.9K | $135K | -15.6% |
| 3 Bedrooms | $265K | $217.2K | -18.0% |
| 4 Bedrooms | $399K | $385.3K | -3.4% |
| 5+ Bedrooms | $649.4K | $665K | +2.4% |
Summary: Penn 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 decreased by 15.6%, 3 bedroom homes decreased by 18%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 2.4%.
Median List Price Compared To Nearby Cities
| Granger | $499K | $444.7K | -10.9% |
| Baugo Township | $284.9K | $249K | -12.6% |
| Osceola | $334.9K | $288K | -14.0% |
| Penn Township | $279.9K | $219.9K | -21.4% |
| Mishawaka | $267.5K | $191.2K | -28.5% |
Housing Supply in Penn Township, IN
How many homes are available in Penn Township, IN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 107 | +118.4% |
Summary: The Penn Township real estate market had 107 homes for sale in March 2024, a 118.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 7 | 23 | +228.6% |
| 3 Bedrooms | 21 | 48 | +128.6% |
| 4 Bedrooms | 17 | 29 | +70.6% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Penn Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 228.6%, 3 bedroom homes increased by 128.6%, 4 bedroom homes increased by 70.6%, and 5+ bedroom homes increased by 25%.
Days on Market for Penn Township, IN
How long does it take to sell a home in Penn Township, IN?
Average Listing Age
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 68 Days | 45 Days | -33.4% |
Summary: Homes in Penn Township had an average listing age of 45 days in Mar 2024, down by 33.4% compared to the previous month.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.