Is Marlboro 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, Marlboro Township has remained a Seller's Market.
Housing Prices in Marlboro Township, OH
How much do homes in Marlboro Township, OH cost?
Median Sold Price
$315,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Marlboro Township was $315,000 in May 2024, up 30.2% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $311.4K | N/A |
3 Bedrooms | $249.9K | $355K | +42.1% |
4 Bedrooms | $242K | $271.4K | +12.2% |
5+ Bedrooms | $115.9K | $600K | +417.7% |
Summary: Marlboro 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 did not change, 3 bedroom homes increased by 42.1%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 417.7%.
Median Sold Price Compared To Nearby Cities
Marlboro Township | $242K | $315K | +30.2% |
Lexington Township | $173.4K | $206.6K | +19.1% |
Randolph Township | $267.5K | $310K | +15.9% |
Lake Township | $279.9K | $290K | +3.6% |
Atwater | $265K | $272.9K | +3.0% |
Housing Supply in Marlboro Township, OH
How many homes are available in Marlboro Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 7 | -41.7% |
Summary: The Marlboro Township real estate market had 7 homes for sale in May 2024, a 41.7% decrease 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 | 2 | 1 | -50.0% |
3 Bedrooms | 7 | 4 | -42.9% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Marlboro 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 decreased by 50%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Marlboro Township in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Marlboro Township, OH
How long does it take to sell a home in Marlboro Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 11 Days | -81.4% |
Summary: Homes in Marlboro Township had an average of 11 days on market in May 2024, down by 81.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Marlboro Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.