Is Montgomery 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, Montgomery Township has remained a Seller's Market.
Housing Prices in Montgomery Township, OH
How much do homes in Montgomery Township, OH cost?
Median Sold Price
$280,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Montgomery Township was $280,000 in May 2024, up 68.7% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $81.5K | $151.7K | +86.1% |
3 Bedrooms | $172K | $225K | +30.8% |
4 Bedrooms | $167.5K | $550K | +228.4% |
5+ Bedrooms | - | $1.2M | N/A |
Summary: Montgomery 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 86.1%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 228.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Montgomery Township | $165.9K | $280K | +68.7% |
Bowling Green Township | $256K | $250K | -2.3% |
Housing Supply in Montgomery Township, OH
How many homes are available in Montgomery Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Summary: The Montgomery Township real estate market had 10 homes for sale in May 2024, a 233.3% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 0 | 2 | +100.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Montgomery 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Montgomery Township in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Montgomery Township, OH
How long does it take to sell a home in Montgomery Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 28 Days | +300.0% |
Summary: Homes in Montgomery Township had an average of 28 days on market in May 2024, up by 300% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Montgomery 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.