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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warren Township is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Warren Township has remained a Seller's Market.

Key Takeaway

Warren Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Warren Township, IN

How much do homes in Warren Township, IN cost?

Median Sold Price

$205,247

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$10,247(+5.3%)

Key Takeaway

Homes in Warren Township have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Warren Township was $205,247 in August 2024, up 5.3% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $105K$71.5K
-31.9%
2 $153K$160K
+4.6%
3 $195K$200K
+2.6%
4 $250K$250K
0.0%
5+ $300.4K$315K
+4.8%

Summary: Warren Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Cities

Cumberland
+10.8%
Center Township
+7.7%
Beech Grove
+5.4%
Warren Township
+5.3%

Housing Supply in Warren Township, IN

How many homes are available in Warren Township, IN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
393423+7.6%

Summary: The Warren Township real estate market had 423 homes for sale in August 2024, a 7.6% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 8387
+4.8%
3 207231
+11.6%
4 8791
+4.6%
5+ 1513
-13.3%

Summary: The Warren Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
12095-20.8%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

35 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warren Township, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.

Summary: A total of 95 homes were sold or pending in Warren Township in August 2024, down by 20.8% month-over-month. Of the 95 sold homes, 38% were sold under asking, 37% were sold at asking, and 25% were sold over asking.

Days on Market for Warren Township, IN

How long does it take to sell a home in Warren Township, IN?

Average Sale Time

Aug 2023Aug 2024CHANGE
14 Days24 Days+71.0%

Summary: Homes in Warren Township had an average of 24 days on market in Aug 2024, up by 71% compared to last year.

Breakdown of Home Sale Times

67 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Warren Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 95 homes were sold in Warren Township; 71% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 5% 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 8 Days Ago

Newest Listings in Warren Township, IN

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