Is Henry 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, Henry Township has remained a Seller's Market.
Housing Prices in Henry Township, IN
How much do homes in Henry Township, IN cost?
Median Sold Price
$135,000
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Henry Township was $135,000 in May 2024, up 17.7% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $90K | N/A |
2 Bedrooms | $80K | $94K | +17.5% |
3 Bedrooms | $130K | $151K | +16.2% |
4 Bedrooms | $179.9K | $179.9K | 0.0% |
5+ Bedrooms | $213.5K | $310K | +45.2% |
Summary: Henry 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 17.5%, 3 bedroom homes increased by 16.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 45.2%.
Median Sold Price Compared To Nearby Cities
New Castle | $113.7K | $140K | +23.1% |
Henry Township | $114.6K | $135K | +17.7% |
Housing Supply in Henry Township, IN
How many homes are available in Henry Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 | 97 | +22.8% |
Summary: The Henry Township real estate market had 97 homes for sale in May 2024, a 22.8% 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 | 28 | 38 | +35.7% |
3 Bedrooms | 38 | 38 | 0.0% |
4 Bedrooms | 10 | 17 | +70.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Henry 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 35.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 70%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 32 | +39.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Henry Township in May 2024, up by 39.1% month-over-month. Of the 32 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.
Days on Market for Henry Township, IN
How long does it take to sell a home in Henry Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 19 Days | -3.6% |
Summary: Homes in Henry Township had an average of 19 days on market in May 2024, down by 3.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 32 homes were sold in Henry Township; 59% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.