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Franklin east of Courthouse(CLight)Photo: Chris Light · CC BY-SA 3.0
Housing in Center Township

682 homes sold in Center Township in the last year, at a typical $394K

Redfin reports Center Township’s sales by ZIP code, so these figures are for ZIP 46385, which takes in Center Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Center Township homes are listed.

Homes for sale in Center TownshipZillowRealtor.comMore places to look ↓
Homes sold
682
ZIP 46385 · June 2025 to May 2026
Typical sale price
$394K
houses $407K · condos $199K
Price per square foot
$176
Indiana $148
Paid vs. asking
98.2%
17% sold over asking
For sale now
153
May 2026 · 56 sold that month
What sold · last 12 months · ZIP 46385

6% of Center Township’s sales are condos, at $208K less than a house

618 houses and 42 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$407K

typical sale · 618 sold in 12 months

Per square foot
$175IN $148
Days to sell
49
Sold over asking
19%
Condos$199K

typical sale · 42 sold in 12 months

Per square foot
$183IN $160
Days to sell
62
Sold over asking
7%
14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

682 sales in the last year, against 834 in 2020 and a low of 448 in 2012. The typical sale went from $215K in 2016 to $394K.

Homes soldTypical sale price
0212425637850$200K$300K$400K$500K2012: 448 sold, typical $192K’122013: 626 sold, typical $192K2014: 589 sold, typical $201K’142015: 655 sold, typical $195K2016: 693 sold, typical $215K’162017: 726 sold, typical $223K2018: 715 sold, typical $226K’182019: 713 sold, typical $247K2020: 834 sold, typical $275K’202021: 757 sold, typical $288K2022: 678 sold, typical $326K’222023: 568 sold, typical $349K2024: 602 sold, typical $372K’242025: 670 sold, typical $392KLast 12 months: 682 sold, typical $394KNow

Source: Redfin Data Center, MLS sales; for ZIP 46385, which takes in Center Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Center Township

Houseat $175 a sq ft
Condoat $183 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Center Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Center Township are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of home sales in ZIP 46385 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 682 sales.

If you’re buying in Center Township

  • Shop in October. It brings about 71 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • Bid near asking. Buyers paid 98.2% of the list price on average; 17% paid over.
  • You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 50 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 87 a month), but August is the most competitive: 22% of August sales close over asking. September and October offer nearly as much choice with fewer homes bid up (22%). February has the least competition (15%) but only about 44 new listings.

New listings a monthShare sold over asking
022.54567.59013%27%40%Sweet spotJan: 42 new listings a month, 16% sold over asking, 74 days to sellJFeb: 44 new listings a month, 15% sold over asking, 80 days to sellFMar: 56 new listings a month, 16% sold over asking, 81 days to sellMApr: 64 new listings a month, 18% sold over asking, 72 days to sellAMay: 75 new listings a month, 20% sold over asking, 64 days to sellMJun: 83 new listings a month, 20% sold over asking, 60 days to sellJJul: 87 new listings a month, 22% sold over asking, 55 days to sellJAug: 86 new listings a month, 22% sold over asking, 55 days to sellASep: 78 new listings a month, 22% sold over asking, 55 days to sellSOct: 71 new listings a month, 20% sold over asking, 58 days to sellONov: 59 new listings a month, 18% sold over asking, 63 days to sellNDec: 47 new listings a month, 18% sold over asking, 67 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

Center Township now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price17%13%37%19%
Gone within two weeksShare of homes under contract within 14 days36%2%6%37%
Listings with a price cutShare of homes for sale that cut their price———33%
Price paid vs. askingAverage sale price ÷ list price98.2%97.7%99.7%97.7%
Days to sellMedian days from listing to contract50765035
Supply

162 homes for sale on a typical day

That’s 1.5 times the 2022 low (105), 37% fewer than in 2017–19 and well under 2013’s 353.

2012: 339 for sale’122013: 353 for sale2014: 331 for sale2015: 326 for sale’152016: 323 for sale2017: 281 for sale2018: 248 for sale’182019: 242 for sale2020: 208 for sale2021: 142 for sale’212022: 105 for sale2023: 118 for sale2024: 157 for sale’242025: 178 for saleLast 12 months: 162 for saleNow
Prices by type

Since 2019, houses are up 60%, condos 63%

A house typically sold for $407K in the last year (618 sales), a condo for $199K (42).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $195K, 568 salesHouses 2014: $207K, 528 salesHouses 2015: $201K, 589 salesHouses 2016: $221K, 629 salesHouses 2017: $227K, 665 salesHouses 2018: $235K, 643 salesHouses 2019: $254K, 654 salesHouses 2020: $280K, 775 salesHouses 2021: $300K, 686 salesHouses 2022: $340K, 615 salesHouses 2023: $355K, 532 salesHouses 2024: $387K, 554 salesHouses 2025: $404K, 613 salesHouses last 12 months: $407K, 618 salesHouses $407KCondos 2013: $148K, 35 salesCondos 2014: $104K, 42 salesCondos 2015: $110K, 36 salesCondos 2016: $103K, 37 salesCondos 2017: $118K, 46 salesCondos 2018: $113K, 46 salesCondos 2019: $122K, 32 salesCondos 2020: $150K, 37 salesCondos 2021: $150K, 57 salesCondos 2022: $163K, 49 salesCondos 2023: $210K, 27 salesCondos 2024: $193K, 31 salesCondos 2025: $201K, 41 salesCondos last 12 months: $199K, 42 salesCondos $199K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 46385, which takes in Center Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Center Township home costs about $2,364 a month

Mortgage
Property tax
Insurance
Rent

Price: Center Township’s typical sale, last 12 months. Property tax at Center Township’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Center Township is affordable on local pay is on Cost of living.

Before you buy in Center Township

Six things worth knowing

87

New listings in July

The month with the most choice. January has the fewest, about 42.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $394K home, about $3,700 a year.

Taxes vs. neighbors
A+

Schools

The schools grade for Center Township, from test results, graduation and how much students grow.

Schools in Center Township
25 min

Typical commute

The average one-way trip to work for people who live in Center Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Aberdeen, Shorewood Forest and South Haven sell for less a square foot

The busier markets within 25 miles of Center Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Center Township (ZIP 46385)682$394K$17617%50
Valparaiso504$355K$17917%48
Chesterton232$360K$17521%52
South Haven76$230K$16022%38
Shorewood Forest43$574K$1569%56
Aberdeen37$466K$16516%71
Salt Creek Commons24$239K$17438%38

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Center Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Center Township. People who follow the town see it, and so do people comparing Center Township with their own town. No commission, no listing fee.

Questions about buying a home in Center Township

What do homes sell for in Center Township, IN?

682 homes sold in the year to May 2026 at a typical $394K, $176 a square foot. Houses sold for about $407K, condos for about $199K.

Is Center Township a buyer’s or seller’s market?

A seller’s market: 153 homes were for sale in May 2026 and 56 sold, about 2.7 months of supply. Buyers paid 98.2% of asking on average.

When is the best time to buy in Center Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Center Township?

About 0.9% of a home’s value a year. On a $394K home that’s near $3,700.

Where can I see homes for sale in Center Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Center Township’s MLS listings; the search links above open each one filtered to Center Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 46385, which takes in Center Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).