Is Plain 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, Plain Township has remained a Seller's Market.
Housing Prices in Plain Township, OH
How much do homes in Plain Township, OH cost?
Median Sold Price
$799,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Plain Township was $799,000 in May 2024, up 11% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $825K | - | N/A |
2 Bedrooms | $480.4K | $514.2K | +7.0% |
3 Bedrooms | $525K | $560.3K | +6.7% |
4 Bedrooms | $850K | $940K | +10.6% |
5+ Bedrooms | $1.3M | $1.5M | +14.3% |
Summary: Plain 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 7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Cities
Blendon Township | $290.5K | $325K | +11.9% |
Plain Township | $720K | $799K | +11.0% |
Jefferson Township | $365K | $389.7K | +6.8% |
Gahanna | $344.7K | $356.7K | +3.5% |
New Albany | $607.5K | $550K | -9.5% |
Housing Supply in Plain Township, OH
How many homes are available in Plain Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
65 | 80 | +23.1% |
Summary: The Plain Township real estate market had 80 homes for sale in May 2024, a 23.1% 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 | 4 | 3 | -25.0% |
3 Bedrooms | 16 | 22 | +37.5% |
4 Bedrooms | 22 | 28 | +27.3% |
5+ Bedrooms | 23 | 27 | +17.4% |
Summary: The Plain 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 25%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 26 | +160.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Plain Township in May 2024, up by 160.0% month-over-month. Of the 26 sold homes, 35% were sold under asking, 19% were sold at asking, and 46% were sold over asking.
Days on Market for Plain Township, OH
How long does it take to sell a home in Plain Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 27 Days | +61.8% |
Summary: Homes in Plain Township had an average of 27 days on market in May 2024, up by 61.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 26 homes were sold in Plain Township; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.