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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Decatur Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Decatur Township, IN

How much do homes in Decatur Township, IN cost?

Median Sold Price

$240,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,750(+3.8%)

Key Takeaway

Homes in Decatur Township have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Decatur Township was $240,000 in April 2024, up 3.8% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $152.5K$55K
-63.9%
2 $174.9K$151.5K
-13.4%
3 $225K$235K
+4.4%
4 $263K$270K
+2.7%
5+ $293K$345K
+17.7%

Summary: Decatur Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.9%, 2 bedroom homes decreased by 13.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 17.7%.

Median Sold Price Compared To Nearby Cities

Decatur Township
+3.8%
Camby
+1.1%
Plainfield
-0.2%
Perry Township
-0.9%
Guilford Township
-4.8%

Housing Supply in Decatur Township, IN

How many homes are available in Decatur Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
122142+16.4%

Summary: The Decatur Township real estate market had 142 homes for sale in April 2024, a 16.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1314
+7.7%
3 7787
+13.0%
4 2939
+34.5%
5+ 31
-66.7%

Summary: The Decatur 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 7.7%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2845+60.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Decatur Township, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 45 homes were sold or pending in Decatur Township in April 2024, up by 60.7% month-over-month. Of the 45 sold homes, 31% were sold under asking, 44% were sold at asking, and 24% were sold over asking.

Days on Market for Decatur Township, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days17 Days-41.5%

Summary: Homes in Decatur Township had an average of 17 days on market in Apr 2024, down by 41.5% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Decatur Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 45 homes were sold in Decatur Township; 62% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 2% 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 18 Days Ago

Newest Listings in Decatur Township, IN

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