Is Leesburg Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leesburg Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Leesburg Township, OH

How much do homes in Leesburg Township, OH cost?

Median Sold Price

$257,500

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$500(-0.2%)

Key Takeaway

The sold price of homes in Leesburg Township has remained the same since last year.

Summary: The median home sold price in Leesburg Township was $257,500 in May 2024, down 0.2% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $15K-
N/A
2 $255K$170K
-33.3%
3 $256K$257.5K
+0.6%
4 $241K$446.9K
+85.4%
5+ $417.5K-
N/A

Summary: Leesburg 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 decreased by 33.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 85.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Claibourne Township
+6.8%
Dover Township
+4.8%
Leesburg Township
-0.2%

Housing Supply in Leesburg Township, OH

How many homes are available in Leesburg Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
813+62.5%

Summary: The Leesburg Township real estate market had 13 homes for sale in May 2024, a 62.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 57
+40.0%
4 12
+100.0%
5+ 02
+100.0%

Summary: The Leesburg 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leesburg Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Leesburg Township in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Leesburg Township, OH

How long does it take to sell a home in Leesburg Township, OH?

Average Sale Time

May 2023May 2024CHANGE
5 Days55 Days+1008.0%

Summary: Homes in Leesburg Township had an average of 55 days on market in May 2024, up by 1008% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 5 homes were sold in Leesburg Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 5 Days Ago

Newest Listings in Leesburg Township, OH

Nearby Markets to Leesburg Township, OH

What housing markets are near Leesburg Township, OH?