Is Mount Pleasant Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mount Pleasant Township has remained a Seller's Market.
Housing Prices in Mount Pleasant Township, IN
How much do homes in Mount Pleasant Township, IN cost?
Median Sold Price
$251,450
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mount Pleasant Township was $251,450 in May 2024, up 19.8% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $134.4K | $138.3K | +2.9% |
3 Bedrooms | $195K | $236.5K | +21.3% |
4 Bedrooms | $287K | $272K | -5.2% |
5+ Bedrooms | $356.4K | $505K | +41.7% |
Summary: Mount Pleasant 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 increased by 2.9%, 3 bedroom homes increased by 21.3%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 41.7%.
Median Sold Price Compared To Nearby Cities
Mount Pleasant Township | $209.9K | $251.4K | +19.8% |
Muncie | $117K | $134.3K | +14.8% |
Yorktown | $229K | $245K | +7.0% |
Center Township | $104.9K | $105.2K | 0.3% |
Housing Supply in Mount Pleasant Township, IN
How many homes are available in Mount Pleasant Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 31 | +63.2% |
Summary: The Mount Pleasant Township real estate market had 31 homes for sale in May 2024, a 63.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 11 | 16 | +45.5% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Mount Pleasant 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 100%, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 10 | +900.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Mount Pleasant Township in May 2024, up by 900.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Mount Pleasant Township, IN
How long does it take to sell a home in Mount Pleasant Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
109 Days | 38 Days | -65.2% |
Summary: Homes in Mount Pleasant Township had an average of 38 days on market in May 2024, down by 65.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Mount Pleasant Township; 30% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.