Is Richland Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Richland Township was a Seller's Market.
Housing Prices in Richland Township, IN
How much do homes in Richland Township, IN cost?
Median Sold Price
$54,357
$43/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Richland Township was $54,357 in March 2024, down 41.7% from last year, and the median price per square foot was $43.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $85K | N/A |
2 Bedrooms | $90.4K | $40.7K | -55.0% |
3 Bedrooms | $91.5K | $55.7K | -39.1% |
4 Bedrooms | $100K | $239.9K | +139.9% |
5+ Bedrooms | - | - | N/A |
Summary: Richland Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 55%, 3 bedroom homes decreased by 39.1%, 4 bedroom homes increased by 139.9%, and 5+ bedroom homes did not change.
Housing Supply in Richland Township, IN
How many homes are available in Richland Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Summary: The Richland Township real estate market had 8 homes for sale in March 2024, a 33.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 6 | 1 | -83.3% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Richland 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 20%, 3 bedroom homes decreased by 83.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Richland Township in March 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Richland Township, IN
We’re sorry, we don't have information for this market at the moment