Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, IN
How much do homes in Washington Township, IN cost?
Median Sold Price
$314,640
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Washington Township was $314,640 in April 2024, up 3.1% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $173.7K | $186.5K | +7.3% |
2 Bedrooms | $235K | $241.6K | +2.8% |
3 Bedrooms | $301.2K | $314.9K | +4.5% |
4 Bedrooms | $400K | $422.7K | +5.7% |
5+ Bedrooms | $675K | $650K | -3.7% |
Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 3.7%.
Housing Supply in Washington Township, IN
How many homes are available in Washington Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
562 | 593 | +5.5% |
Summary: The Washington Township real estate market had 593 homes for sale in April 2024, a 5.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 11 | -8.3% |
2 Bedrooms | 149 | 164 | +10.1% |
3 Bedrooms | 237 | 245 | +3.4% |
4 Bedrooms | 119 | 131 | +10.1% |
5+ Bedrooms | 45 | 42 | -6.7% |
Summary: The Washington Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
159 | 188 | +18.2% |
Asking Price vs. Sold Price
80 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
66 Homes Were Sold
Over Asking
Summary: A total of 188 homes were sold or pending in Washington Township in April 2024, up by 18.2% month-over-month. Of the 188 sold homes, 43% were sold under asking, 22% were sold at asking, and 35% were sold over asking.
Days on Market for Washington Township, IN
How long does it take to sell a home in Washington Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 23 Days | -28.5% |
Summary: Homes in Washington Township had an average of 23 days on market in Apr 2024, down by 28.5% compared to last year.
Breakdown of Home Sale Times
147 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During April 2024, 188 homes were sold in Washington Township; 78% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.