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Penn Township Housing Market Report March 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 February 2025
Last month, Penn Township has remained a Seller's Market.
Insight
Penn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$195,900$139/SqFt
+$8,400
+4.5%
Based on all homes sold in March 2025
Insight
Homes in Penn Township have sold for 4.5% more than they did a month ago.
Summary: The median home sold price in Penn Township was $195,900 in March 2025, up 4.5% from last month, and the median price per square foot was $139.
Median Sold Price By Cities
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Baugo Township | $187.5K | $280K | +49.3% |
| Osceola | $245K | $295K | +20.4% |
| Mishawaka | $175K | $188.5K | +7.7% |
| Penn Township | $187.5K | $195.9K | +4.5% |
| Granger | $430K | $399K | -7.2% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $115K | $60K | -47.8% |
| 22 Bedrooms | $129.9K | $154.8K | +19.2% |
| 33 Bedrooms | $195K | $195K | 0.0% |
| 44 Bedrooms | $286.9K | $246.5K | -14.1% |
| 55+ Bedrooms | $400K | $295K | -26.3% |
Summary: Penn Township housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes decreased by -47.8%. The home price for 2 bedroom homes increased by +19.2%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -14.1%. The home price for 5 bedroom homes decreased by -26.3%.
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 |
|---|---|---|
| 205Last MonthMar 2025 | ||
| 1902 months agoFeb 2025 | +7.9 % Change MoMFeb – Mar |
Summary: The Penn Township real estate market had 205 homes for sale in Mar 2025, a 7.9 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 67Last MonthMar 2025 | ||
| 612 months agoFeb 2025 | +9.8 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 5 | 4 | -20.0% |
| 22 Bedrooms | 35 | 35 | 0.0% |
| 33 Bedrooms | 93 | 99 | +6.5% |
| 44 Bedrooms | 49 | 58 | +18.4% |
| 55+ Bedrooms | 8 | 9 | +12.5% |
Summary: Penn Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -20.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +6.5%. The inventory for 4 bedroom homes increased by +18.4%. The inventory for 5 bedroom homes increased by +12.5%.
Asking Price vs. Sold Price
How much do homes in Penn Township, IN cost?
Over Asking Price13 Homes
At Asking Price15 Homes
Under Asking Price35 Homes
Insight
If you're buying a home in Penn Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Penn Township in March 2025, up by 9.8% month-over-month. Of the 63 sold homes, 56% were sold under asking, 24% were sold at asking, and and 21% 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 02/01/2025 - 04/01/2025
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.