Is Violet 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, Violet Township has remained a Seller's Market.
Housing Prices in Violet Township, OH
How much do homes in Violet Township, OH cost?
Median Sold Price
$432,977
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Violet Township was $432,977 in May 2024, up 11.1% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.5K | $156K | -26.6% |
2 Bedrooms | $226.7K | $256K | +12.9% |
3 Bedrooms | $334.9K | $360K | +7.5% |
4 Bedrooms | $420.7K | $460.3K | +9.4% |
5+ Bedrooms | $515.8K | $565K | +9.5% |
Summary: Violet Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.6%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Cities
Violet Township | $389.8K | $432.9K | +11.1% |
Pickerington | $384.4K | $417K | +8.5% |
Canal Winchester | $300K | $324.2K | +8.1% |
Canal Winchester | $319K | $325.2K | +2.0% |
Madison Township | $249.6K | $253.1K | +1.4% |
Housing Supply in Violet Township, OH
How many homes are available in Violet Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
178 | 202 | +13.5% |
Summary: The Violet Township real estate market had 202 homes for sale in May 2024, a 13.5% 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 | 8 | 7 | -12.5% |
3 Bedrooms | 44 | 49 | +11.4% |
4 Bedrooms | 109 | 123 | +12.8% |
5+ Bedrooms | 17 | 23 | +35.3% |
Summary: The Violet 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 12.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 35.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 73 | +43.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in Violet Township in May 2024, up by 43.1% month-over-month. Of the 73 sold homes, 32% were sold under asking, 29% were sold at asking, and 40% were sold over asking.
Days on Market for Violet Township, OH
How long does it take to sell a home in Violet Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 28 Days | +63.5% |
Summary: Homes in Violet Township had an average of 28 days on market in May 2024, up by 63.5% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 73 homes were sold in Violet Township; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.