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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allen Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Allen Township was a Seller's Market.

Key Takeaway

Allen Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Allen Township, OH

How much do homes in Allen Township, OH cost?

Median Sold Price

$280,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$116,000(+70.7%)

Key Takeaway

Homes in Allen Township have sold for 70.7% more than they did a year ago.

Summary: The median home sold price in Allen Township was $280,000 in October 2024, up 70.7% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $122K$145K
+18.9%
3 $220.5K$280K
+27.0%
4 $172K$310K
+80.2%
5+ $354.9K$707.5K
+99.4%

Summary: Allen Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 80.2%, and 5+ bedroom homes increased by 99.4%.

Median Sold Price Compared To Nearby Cities

Allen Township
+70.7%
Curtice
+28.1%

Housing Supply in Allen Township, OH

How many homes are available in Allen Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
913+44.4%

Summary: The Allen Township real estate market had 13 homes for sale in October 2024, a 44.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 710
+42.9%
4 11
0.0%
5+ 12
+100.0%

Summary: The Allen Township housing inventory by bedroom type for October 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 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allen Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Allen Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days34 Days-8.1%

Summary: Homes in Allen Township had an average of 34 days on market in Oct 2024, down by 8.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Allen Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Allen Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 Allen Township, OH

Nearby Markets to Allen Township, OH

What housing markets are near Allen Township, OH?