5 hours on RocketVideo tour
$2,434 Closing Credit¹
#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.
Insight
Penn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$190,000$134/SqFt
+$11,500
+6.4%
Based on all homes sold in February 2025
Insight
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
Insight
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.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Penn Township, IN
What homes are available in Penn Township, IN?
6 hours on Rocket
#202508056, John Piraccini, Listing Office: Coldwell Banker Real Estate Group
11 hours on RocketVideo tour
$4,097 Closing Credit¹
#202507977, Maggie Thompson, Listing Office: McKinnies Realty, LLC
Coming soon
$3,563 Closing Credit¹
#202507962, Daina Heflin, Listing Office: Coldwell Banker Real Estate Group
2 days on RocketVideo tour
$4,453 Closing Credit¹
#202507716, Deborah Crowder, Listing Office: At Home Realty Group
5 days on Rocket
$2,547 Closing Credit¹
#202507351, Mary Dale, Listing Office: Coldwell Banker Real Estate Group
5 days on RocketVideo tour
$2,007 Closing Credit¹
#202507324, Rachel Prillwitz, Listing Office: Weichert Rltrs-J.Dunfee&Assoc.
6 days on Rocket3D tour
$6,282 Closing Credit¹
#202507121, Jennifer Lindquist, Listing Office: Rooted Realty
7 days on RocketBackup offersVideo tour
$2,311 Closing Credit¹
#202507060, Mimi Nguyen, Listing Office: Tiffany Group Real Estate Advisors LLC
Coming soon
$3,063 Closing Credit¹
#202506889, Tamara Harke, Listing Office: Coldwell Banker Real Estate Group
Video tour
$1,247 Closing Credit¹
#202506789, Don Szymanski, Listing Office: Realty Plus, Inc.
Video tour
$1,413 Closing Credit¹
#202506513, Adam Pendl, Listing Office: eXp Realty, LLC
Popular Cities with Homes for Sale in Indiana
- Homes for sale in Anderson, IN
- Homes for sale in Bedford, IN
- Homes for sale in Bloomington, IN
- Homes for sale in Carmel, IN
- Homes for sale in Columbus, IN
- Homes for sale in Elkhart, IN
- Homes for sale in Evansville, IN
- Homes for sale in Fishers, IN
- Homes for sale in Fort Wayne, IN
- Homes for sale in Granger, IN
- Homes for sale in Greenfield, IN
- Homes for sale in Greenwood, IN
- Homes for sale in Indianapolis, IN
- Homes for sale in Kokomo, IN
- Homes for sale in Lafayette, IN
- Homes for sale in Muncie, IN
- Homes for sale in Noblesville, IN
- Homes for sale in Plainfield, IN
- Homes for sale in South Bend, IN
- Homes for sale in Terre Haute, IN
- Homes for sale in Westfield, IN
MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 01/01/2025 - 03/01/2025
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: 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.