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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worth Township is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Worth Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Worth Township, IN

How much do homes in Worth Township, IN cost?

Median Sold Price

$326,561

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,188(-3.0%)

Key Takeaway

Homes in Worth Township have sold for 3% less than they did a year ago.

Summary: The median home sold price in Worth Township was $326,561 in April 2024, down 3% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $309.2K$310K
0.2%
3 $305K$315K
+3.3%
4 $365K$350K
-4.1%
5+ $435K$380K
-12.6%

Summary: Worth 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 increased by 0.2%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 12.6%.

Median Sold Price Compared To Nearby Cities

Eagle Township
+16.3%
Union Township
+13.6%
Worth Township
-3.0%
Whitestown
-7.8%

Housing Supply in Worth Township, IN

How many homes are available in Worth Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
11282-26.8%

Summary: The Worth Township real estate market had 82 homes for sale in April 2024, a 26.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 5035
-30.0%
4 2824
-14.3%
5+ 209
-55.0%

Summary: The Worth 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 decreased by 30%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 55%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4527-40.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worth Township, you may be able to get a good deal. 63% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Worth Township in April 2024, down by 40.0% month-over-month. Of the 27 sold homes, 63% were sold under asking, 37% were sold at asking, and 0% were sold over asking.

Days on Market for Worth Township, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days59 Days+143.4%

Summary: Homes in Worth Township had an average of 59 days on market in Apr 2024, up by 143.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 27 homes were sold in Worth Township; 37% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 19% 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 5 Days Ago

Newest Listings in Worth Township, IN

Nearby Markets to Worth Township, IN

What housing markets are near Worth Township, IN?