#202508070, Alejandra Gomez, Listing Office: Cressy & Everett - South Bend
Penn Township Housing Market Report February 2025•Saint Joseph County, Indiana
Housing Prices in Penn Township, IN
How much do homes in Penn Township, IN cost?
Housing Market Conditions
Is Penn Township, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Penn Township is a Seller's Market
Difference Since January 2025
Last month, Penn Township has remained a Seller's Market.
Penn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in February 2025
Homes in Penn Township have sold for 6.4% more than they did a month ago.
Summary: The median home sold price in Penn Township was $190,000 in February 2025, up 6.4% from last month, and the median price per square foot was $134.
Median Sold Price By Bedrooms
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | - | $115K | N/A |
22 Bedrooms | $145K | $132.4K | -8.7% |
33 Bedrooms | $208.4K | $195K | -6.5% |
44 Bedrooms | $352K | $286.9K | -18.5% |
55+ Bedrooms | - | $400K | N/A |
Summary: Penn Township housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -8.7%. The home price for 3 bedroom homes decreased by -6.5%. The home price for 4 bedroom homes decreased by -18.5%. The home price for 5 bedroom homes did not change.
How does Penn Township, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Penn Township, IN
Housing supply in Penn Township, IN
How many homes are available in Penn Township, IN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
200Last MonthFeb 2025 | ||
1742 months agoJan 2025 | +14.9 % Change MoMJan – Feb |
Summary: The Penn Township real estate market had 200 homes for sale in Feb 2025, a 14.9 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
59Last MonthFeb 2025 | ||
402 months agoJan 2025 | +47.5 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 5 | +66.7% |
22 Bedrooms | 33 | 36 | +9.1% |
33 Bedrooms | 87 | 102 | +17.2% |
44 Bedrooms | 44 | 49 | +11.4% |
55+ Bedrooms | 7 | 8 | +14.3% |
Summary: Penn Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +66.7%. The inventory for 2 bedroom homes increased by +9.1%. The inventory for 3 bedroom homes increased by +17.2%. The inventory for 4 bedroom homes increased by +11.4%. The inventory for 5 bedroom homes increased by +14.3%.
Asking Price vs. Sold Price
How much do homes in Penn Township, IN cost?
Over Asking Price11 Homes
At Asking Price11 Homes
Under Asking Price35 Homes
If you're buying a home in Penn Township, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in Penn Township in February 2025, up by 47.5% month-over-month. Of the 57 sold homes, 61% were sold under asking, 19% were sold at asking, and and 19% were sold over asking.
Days on Market for Penn Township, IN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Penn Township, IN
What homes are available in Penn Township, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 01/01/2025 - 03/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.