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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Redding Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Redding Township was a Seller's Market.

Key Takeaway

Redding Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Redding Township, IN

How much do homes in Redding Township, IN cost?

Median Sold Price

$253,950

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$44,450(+21.2%)

Key Takeaway

Homes in Redding Township have sold for 21.2% more than they did a year ago.

Summary: The median home sold price in Redding Township was $253,950 in April 2024, up 21.2% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $159.5K$130.5K
-18.2%
3 $214.9K$245K
+14.0%
4 $305K$299.9K
-1.7%
5+ $292.5K$428.5K
+46.5%

Summary: Redding 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 18.2%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 46.5%.

Median Sold Price Compared To Nearby Cities

Redding Township
+21.2%
Seymour
+14.9%
Jackson Township
+2.6%

Housing Supply in Redding Township, IN

How many homes are available in Redding Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1815-16.7%

Summary: The Redding Township real estate market had 15 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1110
-9.1%
4 54
-20.0%
5+ 11
0.0%

Summary: The Redding 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 decreased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Redding 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 Redding Township in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Redding Township, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days19 Days-66.7%

Summary: Homes in Redding Township had an average of 19 days on market in Apr 2024, down by 66.7% compared to last year.

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 Redding Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Redding 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 2 Days Ago

Newest Listings in Redding Township, IN

Nearby Markets to Redding Township, IN

What housing markets are near Redding Township, IN?