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
$279,900
$161/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 $279,900 in April 2024, up 1.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121K | $87.5K | -27.7% |
2 Bedrooms | $188.5K | $217K | +15.1% |
3 Bedrooms | $250K | $266.5K | +6.6% |
4 Bedrooms | $309.9K | $316.4K | +2.1% |
5+ Bedrooms | $441.7K | $626K | +41.7% |
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 27.7%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 41.7%.
Median Sold Price Compared To Nearby Cities
Danville | $274.9K | $290K | +5.5% |
Middle Township | $338.7K | $349.9K | +3.3% |
Washington Township | $315K | $322.5K | +2.4% |
Center Township | $276.5K | $279.9K | +1.2% |
Union Township | $342.5K | $290K | -15.3% |
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 |
---|---|---|
55 | 53 | -3.6% |
Summary: The Center Township real estate market had 53 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 32 | 29 | -9.4% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Center Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 26 | +136.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Center Township in April 2024, up by 136.4% month-over-month. Of the 26 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% 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 |
---|---|---|
22 Days | 21 Days | -0.4% |
Summary: Homes in Center Township had an average of 21 days on market in Apr 2024, down by 0.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Center Township; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.