$2,803 Closing Credit*
$236,000
3 Beds
•2 Full Baths
Carson Lowry, Listing Office: RE/MAX REVOLUTION
Is Ohio Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Ohio Township has remained a Seller's Market.
Key Takeaway
Ohio Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ohio Township, IN
How much do homes in Ohio Township, IN cost?
Median Sold Price
$299,500
$152/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$19,500(+7.0%)
Key Takeaway
Homes in Ohio Township have sold for 7% more than they did a month ago.
Summary: The median home sold price in Ohio Township was $299,500 in October 2024, up 7% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | - | N/A |
| 2 Bedrooms | $226K | $152.5K | -32.5% |
| 3 Bedrooms | $263K | $275K | +4.6% |
| 4 Bedrooms | $420.5K | $410K | -2.5% |
| 5+ Bedrooms | $925K | $974.9K | +5.4% |
Summary: Ohio Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Newburgh | $303.4K | $326.4K | +7.6% |
| Ohio Township | $280K | $299.5K | +7.0% |
| Anderson Township | $165K | $162.5K | -1.5% |
| Chandler | $229K | $206.5K | -9.8% |
Housing Supply in Ohio Township, IN
How many homes are available in Ohio Township, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 196 | 211 | +7.7% |
Summary: The Ohio Township real estate market had 211 homes for sale in October 2024, a 7.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 92 | 95 | +3.3% |
| 4 Bedrooms | 70 | 83 | +18.6% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Ohio Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 52 | -14.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ohio Township, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Ohio Township in October 2024, down by 14.8% month-over-month. Of the 44 sold homes, 48% were sold under asking, 34% were sold at asking, and 18% were sold over asking.
Days on Market for Ohio Township, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.