Is Ohio Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ohio Township is a 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

$685,000

$137/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$335,050(+95.7%)

Key Takeaway

Homes in Ohio Township have sold for 95.7% more than they did a month ago.

Summary: The median home sold price in Ohio Township was $685,000 in November 2024, up 95.7% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$748.1K
N/A
4 $349.9K$685K
+95.7%
5+ --
N/A

Summary: Ohio Township housing prices by bedroom type for November 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 increased by 95.7%, and 5+ bedroom homes did not change.

Housing Supply in Ohio Township, IN

How many homes are available in Ohio Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The Ohio Township real estate market had 8 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 24
+100.0%
4 53
-40.0%
5+ 00
0.0%

Summary: The Ohio Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 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 Ohio Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ohio Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Ohio Township, IN

How long does it take to sell a home in Ohio Township, IN?

Average Sale Time

Oct 2024Nov 2024CHANGE
56 Days81 Days+45.2%

Summary: Homes in Ohio Township had an average of 81 days on market in Nov 2024, up by 45.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ohio Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Ohio Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

Newest Listings in Ohio Township, IN

Nearby Markets to Ohio Township, IN

What housing markets are near Ohio Township, IN?