Is Columbus 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, Columbus Township has remained a Seller's Market.
Housing Prices in Columbus Township, IN
How much do homes in Columbus Township, IN cost?
Median Sold Price
$265,057
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Columbus Township was $265,057 in May 2024, up 5.9% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $66.5K | $115K | +72.9% |
2 Bedrooms | $152K | $170.9K | +12.4% |
3 Bedrooms | $245K | $245.3K | 0.1% |
4 Bedrooms | $333.6K | $370.9K | +11.2% |
5+ Bedrooms | $455K | $482.5K | +6.0% |
Summary: Columbus Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.9%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $400.4K | $450K | +12.4% |
Columbus Township | $250.2K | $265K | +5.9% |
Columbus | $256.2K | $265K | +3.4% |
Clay Township | $250K | $255K | +2.0% |
Housing Supply in Columbus Township, IN
How many homes are available in Columbus Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
242 | 278 | +14.9% |
Summary: The Columbus Township real estate market had 278 homes for sale in May 2024, a 14.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 42 | 40 | -4.8% |
3 Bedrooms | 107 | 131 | +22.4% |
4 Bedrooms | 63 | 71 | +12.7% |
5+ Bedrooms | 27 | 32 | +18.5% |
Summary: The Columbus Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
69 | 83 | +20.3% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 83 homes were sold or pending in Columbus Township in May 2024, up by 20.3% month-over-month. Of the 83 sold homes, 52% were sold under asking, 23% were sold at asking, and 25% were sold over asking.
Days on Market for Columbus Township, IN
How long does it take to sell a home in Columbus Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 25 Days | +35.9% |
Summary: Homes in Columbus Township had an average of 25 days on market in May 2024, up by 35.9% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 83 homes were sold in Columbus Township; 80% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.