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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Washington Township was a Buyer's Market.

Key Takeaway

Washington Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Washington Township, IN

How much do homes in Washington Township, IN cost?

Median Sold Price

$152,500

$116/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$294,500(-65.9%)

Key Takeaway

Homes in Washington Township have sold for 65.9% less than they did a month ago.

Summary: The median home sold price in Washington Township was $152,500 in April 2024, down 65.9% from last month, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $169K$127K
-24.9%
3 -$188K
N/A
4 $725K$150K
-79.3%
5+ --
N/A

Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 79.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bloomington Township
+25.7%
Washington Township
-65.9%

Housing Supply in Washington Township, IN

How many homes are available in Washington Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2436+50.0%

Summary: The Washington Township real estate market had 36 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1320
+53.8%
4 47
+75.0%
5+ 12
+100.0%

Summary: The Washington 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 16.7%, 3 bedroom homes increased by 53.8%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Washington Township in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Washington Township, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 1 Day Ago

Newest Listings in Washington Township, IN

Nearby Markets to Washington Township, IN

What housing markets are near Washington Township, IN?