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
$105,416
$79/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 $105,416 in April 2024, down 4.2% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94.5K | $79K | -16.4% |
2 Bedrooms | $67K | $78K | +16.4% |
3 Bedrooms | $116K | $131.5K | +13.4% |
4 Bedrooms | $165K | $152K | -7.9% |
5+ Bedrooms | $207.5K | $195K | -6.0% |
Summary: Center Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.4%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
Muncie | $117.5K | $138K | +17.4% |
Monroe Township | $170.5K | $175K | +2.6% |
Center Township | $110K | $105.4K | -4.2% |
Hamilton Township | $225.4K | $209K | -7.3% |
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 |
---|---|---|
148 | 180 | +21.6% |
Summary: The Center Township real estate market had 180 homes for sale in April 2024, a 21.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 54 | 65 | +20.4% |
3 Bedrooms | 72 | 81 | +12.5% |
4 Bedrooms | 17 | 23 | +35.3% |
5+ Bedrooms | 4 | 9 | +125.0% |
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 100%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 38 | +100.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Center Township in April 2024, up by 100.0% month-over-month. Of the 38 sold homes, 58% were sold under asking, 18% were sold at asking, and 24% 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 |
---|---|---|
13 Days | 53 Days | +309.8% |
Summary: Homes in Center Township had an average of 53 days on market in Apr 2024, up by 309.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in Center Township; 26% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.