Is Center Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Center Township has remained a Seller's Market.
Housing Prices in Center Township, IN
How much do homes in Center Township, IN cost?
Median Sold Price
$183,277
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Center Township was $183,277 in April 2024, up 1.8% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $174K | $177.5K | +2.0% |
2 Bedrooms | $148.8K | $149.9K | +0.8% |
3 Bedrooms | $185K | $190.1K | +2.8% |
4 Bedrooms | $275K | $251.2K | -8.6% |
5+ Bedrooms | $339.9K | $321.9K | -5.3% |
Summary: Center Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 5.3%.
Median Sold Price Compared To Nearby Cities
Beech Grove | $185K | $189.5K | +2.4% |
Warren Township | $195.2K | $200K | +2.4% |
Center Township | $179.9K | $183.2K | +1.8% |
Indianapolis | $235.7K | $240K | +1.8% |
Perry Township | $235K | $232.8K | -0.9% |
Housing Supply in Center Township, IN
How many homes are available in Center Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,055 | 1,081 | +2.5% |
Summary: The Center Township real estate market had 1,081 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 37 | 43 | +16.2% |
2 Bedrooms | 322 | 322 | 0.0% |
3 Bedrooms | 480 | 504 | +5.0% |
4 Bedrooms | 173 | 175 | +1.2% |
5+ Bedrooms | 43 | 37 | -14.0% |
Summary: The Center Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.2%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 14%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
234 | 217 | -7.3% |
Asking Price vs. Sold Price
105 Homes Were Sold
Under Asking
58 Homes Were Sold
At Asking
54 Homes Were Sold
Over Asking
Summary: A total of 217 homes were sold or pending in Center Township in April 2024, down by 7.3% month-over-month. Of the 217 sold homes, 48% were sold under asking, 27% were sold at asking, and 25% were sold over asking.
Days on Market for Center Township, IN
How long does it take to sell a home in Center Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 51 Days | -10.6% |
Summary: Homes in Center Township had an average of 51 days on market in Apr 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
136 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
47 Homes Were Sold
Over 90 Days
Summary: During April 2024, 217 homes were sold in Center Township; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.