Is Delaware 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, Delaware Township has remained a Seller's Market.
Housing Prices in Delaware Township, IN
How much do homes in Delaware Township, IN cost?
Median Sold Price
$338,833
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Delaware Township was $338,833 in April 2024, up 4.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147.5K | $237.5K | +61.0% |
2 Bedrooms | $251K | $263.5K | +5.0% |
3 Bedrooms | $310K | $325K | +4.8% |
4 Bedrooms | $376.7K | $396.5K | +5.2% |
5+ Bedrooms | $480K | $555K | +15.6% |
Summary: Delaware Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
Clay Township | $476.9K | $522.5K | +9.6% |
Carmel | $489.9K | $521.6K | +6.5% |
Delaware Township | $325K | $338.8K | +4.3% |
Noblesville | $341.3K | $355K | +4.0% |
Fishers | $385K | $393K | +2.1% |
Housing Supply in Delaware Township, IN
How many homes are available in Delaware Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
102 | 114 | +11.8% |
Summary: The Delaware Township real estate market had 114 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 16 | 15 | -6.3% |
3 Bedrooms | 51 | 55 | +7.8% |
4 Bedrooms | 34 | 41 | +20.6% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Delaware Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 42 | +40.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Delaware Township in April 2024, up by 40.0% month-over-month. Of the 42 sold homes, 33% were sold under asking, 26% were sold at asking, and 40% were sold over asking.
Days on Market for Delaware Township, IN
How long does it take to sell a home in Delaware Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 18 Days | -27.4% |
Summary: Homes in Delaware Township had an average of 18 days on market in Apr 2024, down by 27.4% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Delaware Township; 83% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.