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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Washington Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Washington Township, IN

How much do homes in Washington Township, IN cost?

Median Sold Price

$196,000

$114/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$6,000(+3.2%)

Key Takeaway

Homes in Washington Township have sold for 3.2% more than they did a month ago.

Summary: The median home sold price in Washington Township was $196,000 in November 2024, up 3.2% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $75K$57.5K
-23.3%
2 $153.7K$83K
-46.0%
3 $172.2K$204K
+18.4%
4 $317K$234.5K
-26.0%
5+ $218K$380K
+74.3%

Summary: Washington Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes decreased by 46%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 26%, and 5+ bedroom homes increased by 74.3%.

Median Sold Price Compared To Nearby Cities

Washington Township
+3.2%
Sugar Creek Township
-55.6%

Housing Supply in Washington Township, IN

How many homes are available in Washington Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8283+1.2%

Summary: The Washington Township real estate market had 83 homes for sale in November 2024, a 1.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 2019
-5.0%
3 4040
0.0%
4 1112
+9.1%
5+ 89
+12.5%

Summary: The Washington Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1417+21.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Washington Township in November 2024, up by 21.4% month-over-month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.

Days on Market for Washington Township, IN

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 17 homes were sold in Washington Township; 6% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Washington Township, IN

Nearby Markets to Washington Township, IN

What housing markets are near Washington Township, IN?