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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worth Township is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Worth Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Worth Township, IN

How much do homes in Worth Township, IN cost?

Median Sold Price

$330,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$2,750(+0.8%)

Key Takeaway

Homes in Worth Township have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Worth Township was $330,000 in May 2024, up 0.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $309.2K$307.9K
-0.4%
3 $310K$319.5K
+3.1%
4 $365K$351.5K
-3.7%
5+ $467.5K$399.9K
-14.4%

Summary: Worth Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 14.4%.

Median Sold Price Compared To Nearby Cities

Eagle Township
+13.9%
Union Township
+10.9%
Worth Township
+0.8%
Whitestown
-5.6%
Perry Township
-18.1%

Housing Supply in Worth Township, IN

How many homes are available in Worth Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
115114-0.9%

Summary: The Worth Township real estate market had 114 homes for sale in May 2024, a 0.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1415
+7.1%
3 4943
-12.2%
4 3033
+10.0%
5+ 2223
+4.5%

Summary: The Worth Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2848+71.4%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worth Township, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Worth Township in May 2024, up by 71.4% month-over-month. Of the 48 sold homes, 52% were sold under asking, 38% were sold at asking, and 10% were sold over asking.

Days on Market for Worth Township, IN

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

Average Sale Time

May 2023May 2024CHANGE
62 Days39 Days-36.8%

Summary: Homes in Worth Township had an average of 39 days on market in May 2024, down by 36.8% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 48 homes were sold in Worth Township; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% 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 1 Day Ago

Newest Listings in Worth Township, IN

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