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
$441,251
$179/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 $441,251 in April 2024, down 0.6% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $320K | $340K | +6.3% |
3 Bedrooms | $365K | $382.3K | +4.7% |
4 Bedrooms | $470K | $482.6K | +2.7% |
5+ Bedrooms | $681.6K | $690K | +1.2% |
Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
Union Township | $739.7K | $840K | +13.6% |
Carmel | $489.9K | $521.6K | +6.5% |
Westfield | $432.5K | $445.3K | +2.9% |
Noblesville Township | $353.9K | $355K | 0.3% |
Washington Township | $444K | $441.2K | -0.6% |
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 |
---|---|---|
398 | 418 | +5.0% |
Summary: The Washington Township real estate market had 418 homes for sale in April 2024, a 5.0% increase 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 | 73 | 68 | -6.8% |
3 Bedrooms | 159 | 166 | +4.4% |
4 Bedrooms | 102 | 111 | +8.8% |
5+ Bedrooms | 64 | 73 | +14.1% |
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 6.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 14.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 96 | -3.0% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 96 homes were sold or pending in Washington Township in April 2024, down by 3.0% month-over-month. Of the 96 sold homes, 46% were sold under asking, 34% were sold at asking, and 20% 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 |
---|---|---|
55 Days | 56 Days | +2.1% |
Summary: Homes in Washington Township had an average of 56 days on market in Apr 2024, up by 2.1% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During April 2024, 96 homes were sold in Washington Township; 58% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.