Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, OH
How much do homes in Washington Township, OH cost?
Median Sold Price
$642,500
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Washington Township was $642,500 in May 2024, up 5.3% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $400K | $440K | +10.0% |
3 Bedrooms | $519.9K | $606.5K | +16.7% |
4 Bedrooms | $625.5K | $650K | +3.9% |
5+ Bedrooms | $962.8K | $1.0M | +8.0% |
Summary: Washington 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 10%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
Concord Township | $511.8K | $576.5K | +12.6% |
Washington Township | $610K | $642.5K | +5.3% |
Liberty Township | $553.4K | $563.6K | +1.8% |
Dublin | $474K | $444.1K | -6.3% |
Housing Supply in Washington Township, OH
How many homes are available in Washington Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Summary: The Washington Township real estate market had 13 homes for sale in May 2024, a 8.3% 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 | 2 | 1 | -50.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 0 | 0 | 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Washington Township in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 27 Days | -16.3% |
Summary: Homes in Washington Township had an average of 27 days on market in May 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Washington 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.