Is Van Buren Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Van Buren Township has remained a Seller's Market.
Housing Prices in Van Buren Township, IN
How much do homes in Van Buren Township, IN cost?
Median Sold Price
$240,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Van Buren Township was $240,000 in March 2024, down 12.7% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $186.7K | N/A |
3 Bedrooms | $267.5K | $236K | -11.8% |
4 Bedrooms | $285K | $277K | -2.8% |
5+ Bedrooms | $550K | - | N/A |
Summary: Van Buren 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 did not change, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes did not change.
Housing Supply in Van Buren Township, IN
How many homes are available in Van Buren Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Summary: The Van Buren Township real estate market had 17 homes for sale in March 2024, a 41.7% increase 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 | 2 | 3 | +50.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Van Buren 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 increased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Van Buren Township in March 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Van Buren Township, IN
How long does it take to sell a home in Van Buren Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 34 Days | -12.8% |
Summary: Homes in Van Buren Township had an average of 34 days on market in Mar 2024, down by 12.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Van Buren Township; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.