Is Union Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Union Township has remained a Seller's Market.
Housing Prices in Union Township, IN
How much do homes in Union Township, IN cost?
Median Sold Price
$325,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Union Township was $325,000 in April 2024, up 3.2% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $260K | $222.5K | -14.4% |
3 Bedrooms | $254.9K | $280K | +9.8% |
4 Bedrooms | $325K | $366K | +12.6% |
5+ Bedrooms | $475K | $540K | +13.7% |
Summary: Union 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 14.4%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Cities
Hensley Township | $272K | $328K | +20.6% |
Franklin Township | $245K | $273.1K | +11.5% |
Bargersville | $376.7K | $411.7K | +9.3% |
Union Township | $315K | $325K | +3.2% |
Housing Supply in Union Township, IN
How many homes are available in Union Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
Summary: The Union Township real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Union 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Union Township in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.
Days on Market for Union Township, IN
How long does it take to sell a home in Union Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 8 Days | +113.3% |
Summary: Homes in Union Township had an average of 8 days on market in Apr 2024, up by 113.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Union 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.