Is Somers Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Somers Township was a Neutral Market.
Housing Prices in Somers Township, OH
How much do homes in Somers Township, OH cost?
Median Sold Price
$168,950
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Somers Township was $168,950 in May 2024, up 9% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $103K | $180K | +74.8% |
3 Bedrooms | $160K | $167.9K | +4.9% |
4 Bedrooms | $176K | $163.5K | -7.1% |
5+ Bedrooms | $399.9K | $805K | +101.3% |
Summary: Somers 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 74.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 101.3%.
Median Sold Price Compared To Nearby Cities
Gratis Township | $159.5K | $220K | +37.9% |
Somers Township | $155K | $168.9K | +9.0% |
Camden | $157.5K | $170K | +7.9% |
Housing Supply in Somers Township, OH
How many homes are available in Somers Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Summary: The Somers Township real estate market had 3 homes for sale in May 2024, a 50.0% 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 | 1 | 0 | -100.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Somers 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 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Somers Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Somers Township, OH
How long does it take to sell a home in Somers Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 47 Days | +38.2% |
Summary: Homes in Somers Township had an average of 47 days on market in May 2024, up by 38.2% compared to last year.
Breakdown of Home Sale Times
0 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, 1 homes were sold in Somers Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.