Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, IN
How much do homes in Washington Township, IN cost?
Median Sold Price
$257,500
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Washington Township was $257,500 in March 2024, up 22.6% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99.9K | $72.1K | -27.8% |
2 Bedrooms | $155K | $169.5K | +9.4% |
3 Bedrooms | $235K | $265K | +12.8% |
4 Bedrooms | $272.4K | $399.9K | +46.8% |
5+ Bedrooms | - | $397.5K | N/A |
Summary: Washington Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.8%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 46.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Spencer | $202.2K | $250K | +23.6% |
Washington Township | $210K | $257.5K | +22.6% |
Housing Supply in Washington Township, IN
How many homes are available in Washington Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 46 | +39.4% |
Summary: The Washington Township real estate market had 46 homes for sale in March 2024, a 39.4% 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 | 6 | 12 | +100.0% |
3 Bedrooms | 18 | 24 | +33.3% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Washington 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 13 | +225.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Washington Township in March 2024, up by 225.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Washington Township, IN
How long does it take to sell a home in Washington Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
109 Days | 145 Days | +32.3% |
Summary: Homes in Washington Township had an average of 145 days on market in Mar 2024, up by 32.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Washington Township; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.