Is Bainbridge Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bainbridge Township was a Neutral Market.
Housing Prices in Bainbridge Township, IN
How much do homes in Bainbridge Township, IN cost?
Median Sold Price
$269,575
$124/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Bainbridge Township was $269,575 in May 2024, down 3.7% from last month, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $179.5K | N/A |
3 Bedrooms | $418.5K | $279.9K | -33.1% |
4 Bedrooms | $280K | $315K | +12.5% |
5+ Bedrooms | - | - | N/A |
Summary: Bainbridge Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 33.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Marion Township | $20K | $126.9K | +534.5% |
Madison Township | $179.2K | $176K | -1.8% |
Bainbridge Township | $280K | $269.5K | -3.7% |
Housing Supply in Bainbridge Township, IN
How many homes are available in Bainbridge Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 32 | +60.0% |
Summary: The Bainbridge Township real estate market had 32 homes for sale in May 2024, a 60.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 13 | 21 | +61.5% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Bainbridge Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 61.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Bainbridge Township in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Bainbridge Township, IN
How long does it take to sell a home in Bainbridge Township, IN?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 Days | 31 Days | +41.0% |
Summary: Homes in Bainbridge Township had an average of 31 days on market in May 2024, up by 41% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Bainbridge Township; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.