Is Pike 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, Pike Township has remained a Seller's Market.
Housing Prices in Pike Township, IN
How much do homes in Pike Township, IN cost?
Median Sold Price
$245,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pike Township was $245,000 in April 2024, up 4.2% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157.9K | $182.5K | +15.6% |
2 Bedrooms | $175K | $175.6K | 0.4% |
3 Bedrooms | $240K | $245K | +2.1% |
4 Bedrooms | $314.7K | $330K | +4.8% |
5+ Bedrooms | $527.4K | $457.7K | -13.2% |
Summary: Pike Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 13.2%.
Median Sold Price Compared To Nearby Cities
Eagle Township | $543.1K | $631.9K | +16.3% |
Zionsville | $605K | $672.1K | +11.1% |
Pike Township | $235K | $245K | +4.2% |
Brown Township | $397K | $412.8K | +4.0% |
Clermont | $247.9K | $197K | -20.5% |
Housing Supply in Pike Township, IN
How many homes are available in Pike Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
225 | 217 | -3.6% |
Summary: The Pike Township real estate market had 217 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 | 2 | 2 | 0.0% |
2 Bedrooms | 54 | 54 | 0.0% |
3 Bedrooms | 94 | 91 | -3.2% |
4 Bedrooms | 53 | 48 | -9.4% |
5+ Bedrooms | 22 | 22 | 0.0% |
Summary: The Pike 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 remained the same, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 70 | -6.7% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 70 homes were sold or pending in Pike Township in April 2024, down by 6.7% month-over-month. Of the 70 sold homes, 46% were sold under asking, 17% were sold at asking, and 37% were sold over asking.
Days on Market for Pike Township, IN
How long does it take to sell a home in Pike Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 18 Days | +3.6% |
Summary: Homes in Pike Township had an average of 18 days on market in Apr 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 70 homes were sold in Pike Township; 80% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.