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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Clark Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Clark Township, IN

How much do homes in Clark Township, IN cost?

Median Sold Price

$425,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$30,000(-6.6%)

Key Takeaway

Homes in Clark Township have sold for 6.6% less than they did a year ago.

Summary: The median home sold price in Clark Township was $425,000 in May 2024, down 6.6% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $80.8K$269K
+232.6%
3 $312K$420K
+34.6%
4 $485K$575K
+18.6%
5+ $460K$897.6K
+95.1%

Summary: Clark Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 232.6%, 3 bedroom homes increased by 34.6%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 95.1%.

Median Sold Price Compared To Nearby Cities

Greenwood
+6.9%
Pleasant Township
-1.6%
Clark Township
-6.6%

Housing Supply in Clark Township, IN

How many homes are available in Clark Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
910+11.1%

Summary: The Clark Township real estate market had 10 homes for sale in May 2024, a 11.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 36
+100.0%
5+ 33
0.0%

Summary: The Clark 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Clark Township in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Clark Township, IN

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

Average Sale Time

May 2023May 2024CHANGE
2 Days32 Days+1500.0%

Summary: Homes in Clark Township had an average of 32 days on market in May 2024, up by 1500% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Clark Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Clark Township, IN

Nearby Markets to Clark Township, IN

What housing markets are near Clark Township, IN?