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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Van Buren Township is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Van Buren Township, IN

How much do homes in Van Buren Township, IN cost?

Median Sold Price

$106,500

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$68,500(-39.1%)

Key Takeaway

Homes in Van Buren Township have sold for 39.1% less than they did a year ago.

Summary: The median home sold price in Van Buren Township was $106,500 in April 2024, down 39.1% from last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $170K$100K
-41.2%
3 $167.2K$106.5K
-36.3%
4 $175K$185K
+5.7%
5+ --
N/A

Summary: Van Buren 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 41.2%, 3 bedroom homes decreased by 36.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brazil Township
+3.9%
Van Buren Township
-39.1%

Housing Supply in Van Buren Township, IN

How many homes are available in Van Buren Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78+14.3%

Summary: The Van Buren Township real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 22
0.0%
3 34
+33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Van Buren 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Buren Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Van Buren Township in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Apr 2023Apr 2024CHANGE
45 Days66 Days+46.7%

Summary: Homes in Van Buren Township had an average of 66 days on market in Apr 2024, up by 46.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Van Buren Township has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Van Buren Township; 0% of homes were sold within 30 days, 100% 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 4 Days Ago

Newest Listings in Van Buren Township, IN

Nearby Markets to Van Buren Township, IN