Is Henry Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Henry Township has remained a Seller's Market.

Key Takeaway

Henry Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$20,350(+17.7%)

Key Takeaway

Homes in Henry Township have sold for 17.7% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 -$90K
N/A
2 $80K$94K
+17.5%
3 $130K$151K
+16.2%
4 $179.9K$179.9K
0.0%
5+ $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
+23.1%
Henry Township
+17.7%

Housing Supply in Henry Township, IN

How many homes are available in Henry Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7997+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 2838
+35.7%
3 3838
0.0%
4 1017
+70.0%
5+ 34
+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 2024May 2024CHANGE
2332+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henry Township, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

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 2023May 2024CHANGE
20 Days19 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Henry Township are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Henry Township, IN

Nearby Markets to Henry Township, IN

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