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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasant Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Pleasant Township, IN

How much do homes in Pleasant Township, IN cost?

Median Sold Price

$262,375

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$2,617(-1.0%)

Key Takeaway

Homes in Pleasant Township have sold for 1% less than they did a year ago.

Summary: The median home sold price in Pleasant Township was $262,375 in March 2024, down 1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $148.5K$165K
+11.1%
2 $199.4K$228.5K
+14.6%
3 $245K$245K
0.0%
4 $325K$320.9K
-1.2%
5+ $403K$404.9K
0.5%

Summary: Pleasant Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 14.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Cities

Greenwood
+8.3%
New Whiteland
+0.7%
Pleasant Township
-1.0%
Clark Township
-1.1%
Whiteland
-8.5%

Housing Supply in Pleasant Township, IN

How many homes are available in Pleasant Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
218226+3.7%

Summary: The Pleasant Township real estate market had 226 homes for sale in March 2024, a 3.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1918
-5.3%
3 101100
-1.0%
4 6475
+17.2%
5+ 3433
-2.9%

Summary: The Pleasant 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 decreased by 5.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 2.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5669+23.2%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasant Township, you may be able to get a good deal. 49.3% of homes here sold below asking price last month.

Summary: A total of 69 homes were sold or pending in Pleasant Township in March 2024, up by 23.2% month-over-month. Of the 69 sold homes, 49% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Pleasant Township, IN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
71 Days45 Days-37.1%

Summary: Homes in Pleasant Township had an average of 45 days on market in Mar 2024, down by 37.1% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 69 homes were sold in Pleasant Township; 55% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 23% 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 25 Days Ago

Newest Listings in Pleasant Township, IN

Nearby Markets to Pleasant Township, IN

What housing markets are near Pleasant Township, IN?