Is Washington Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Washington Township has remained a Seller's Market.

Key Takeaway

Washington Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Washington Township, OH

How much do homes in Washington Township, OH cost?

Median Sold Price

$299,900

$220/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$159,900(+114.2%)

Key Takeaway

Homes in Washington Township have sold for 114.2% more than they did a month ago.

Summary: The median home sold price in Washington Township was $299,900 in May 2024, up 114.2% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $140K-
N/A
4 -$299.9K
N/A
5+ --
N/A

Summary: Washington Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Virginia Township
+229.4%
Washington Township
+114.2%
Pike Township
-27.7%

Housing Supply in Washington Township, OH

How many homes are available in Washington Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
42-50.0%

Summary: The Washington Township real estate market had 2 homes for sale in May 2024, a 50.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Washington 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Washington Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Washington Township, OH

How long does it take to sell a home in Washington Township, OH?

Average Sale Time

Apr 2024May 2024CHANGE
13 Days117 Days+766.7%

Summary: Homes in Washington Township had an average of 117 days on market in May 2024, up by 766.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Washington Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 1 homes were sold in Washington Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Washington Township, OH

Nearby Markets to Washington Township, OH