Is Amherst Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Amherst Township has remained a Seller's Market.
Housing Prices in Amherst Township, OH
How much do homes in Amherst Township, OH cost?
Median Sold Price
$265,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Amherst Township was $265,000 in May 2024, up 10.2% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $165K | $168K | +1.8% |
3 Bedrooms | $225K | $246K | +9.3% |
4 Bedrooms | $270K | $310K | +14.8% |
5+ Bedrooms | $339.9K | $522.5K | +53.7% |
Summary: Amherst 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 increased by 1.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 53.7%.
Housing Supply in Amherst Township, OH
How many homes are available in Amherst Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 67 | +48.9% |
Summary: The Amherst Township real estate market had 67 homes for sale in May 2024, a 48.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 23 | 34 | +47.8% |
4 Bedrooms | 11 | 19 | +72.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Amherst 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 increased by 20%, 3 bedroom homes increased by 47.8%, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 18 | +63.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Amherst Township in May 2024, up by 63.6% month-over-month. Of the 18 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for Amherst Township, OH
How long does it take to sell a home in Amherst Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 23 Days | -42.3% |
Summary: Homes in Amherst Township had an average of 23 days on market in May 2024, down by 42.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Amherst Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.