Is Warren 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, Warren Township has remained a Seller's Market.
Housing Prices in Warren Township, IN
How much do homes in Warren Township, IN cost?
Median Sold Price
$200,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Warren Township was $200,000 in April 2024, up 2.4% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $109.9K | $90K | -18.1% |
2 Bedrooms | $151K | $160K | +6.0% |
3 Bedrooms | $195K | $194.4K | -0.3% |
4 Bedrooms | $254.4K | $251.6K | -1.1% |
5+ Bedrooms | $294.9K | $299K | +1.4% |
Summary: Warren 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 increased by 6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Cities
Warren Township | $195.2K | $200K | +2.4% |
Beech Grove | $185K | $189.5K | +2.4% |
Center Township | $179.9K | $183.2K | +1.8% |
Cumberland | $245K | $247.4K | +1.0% |
Housing Supply in Warren Township, IN
How many homes are available in Warren Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
387 | 366 | -5.4% |
Summary: The Warren Township real estate market had 366 homes for sale in April 2024, a 5.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 66 | 68 | +3.0% |
3 Bedrooms | 227 | 214 | -5.7% |
4 Bedrooms | 80 | 67 | -16.3% |
5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Warren Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
126 | 122 | -3.2% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Summary: A total of 122 homes were sold or pending in Warren Township in April 2024, down by 3.2% month-over-month. Of the 122 sold homes, 43% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Warren Township, IN
How long does it take to sell a home in Warren Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 30 Days | -15.3% |
Summary: Homes in Warren Township had an average of 30 days on market in Apr 2024, down by 15.3% compared to last year.
Breakdown of Home Sale Times
85 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 122 homes were sold in Warren Township; 70% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.