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
$200,000
$128/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 $200,000 in April 2024, up 0.1% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $115K | N/A |
2 Bedrooms | $140K | $145K | +3.6% |
3 Bedrooms | $200K | $200K | 0.0% |
4 Bedrooms | $256.9K | $260.7K | +1.5% |
5+ Bedrooms | $384.9K | $129.2K | -66.4% |
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 increased by 3.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 66.4%.
Median Sold Price Compared To Nearby Cities
Daleville | $127K | $260K | +104.7% |
Salem Township | $155K | $235K | +51.6% |
Anderson | $130K | $159K | +22.3% |
Chesterfield | $126.7K | $135K | +6.5% |
Union Township | $199.9K | $200K | 0.1% |
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 |
---|---|---|
35 | 34 | -2.9% |
Summary: The Union Township real estate market had 34 homes for sale in April 2024, a 2.9% decrease 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 | 3 | 6 | +100.0% |
3 Bedrooms | 28 | 24 | -14.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 1 | 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Union Township in April 2024, up by 10.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% 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 |
---|---|---|
22 Days | 41 Days | +81.7% |
Summary: Homes in Union Township had an average of 41 days on market in Apr 2024, up by 81.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Union Township; 73% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.