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
$322,571
$149/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 $322,571 in April 2024, up 2.4% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $127K | -18.1% |
2 Bedrooms | $255.2K | $240K | -6.0% |
3 Bedrooms | $279.8K | $290K | +3.7% |
4 Bedrooms | $369.9K | $364.8K | -1.4% |
5+ Bedrooms | $440K | $445K | +1.1% |
Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.1%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
Wayne Township | $185K | $194K | +4.9% |
Lincoln Township | $305.4K | $317.7K | +4.0% |
Washington Township | $315K | $322.5K | +2.4% |
Avon | $327K | $330K | +0.9% |
Plainfield | $310K | $309.5K | -0.2% |
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 |
---|---|---|
251 | 239 | -4.8% |
Summary: The Washington Township real estate market had 239 homes for sale in April 2024, a 4.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 26 | 25 | -3.8% |
3 Bedrooms | 117 | 114 | -2.6% |
4 Bedrooms | 84 | 76 | -9.5% |
5+ Bedrooms | 24 | 24 | 0.0% |
Summary: The Washington 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 3.8%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 68 | -13.9% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Washington Township in April 2024, down by 13.9% month-over-month. Of the 68 sold homes, 54% were sold under asking, 21% were sold at asking, and 25% 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 |
---|---|---|
40 Days | 37 Days | -7.1% |
Summary: Homes in Washington Township had an average of 37 days on market in Apr 2024, down by 7.1% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 68 homes were sold in Washington Township; 60% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.