$9,488 Closing Credit*
$799,000
4,923 SqFt
5 Beds
•3 Full Baths, 1 Partial
Matthew Costilow, Listing Office: Russell Real Estate Services
Is Amherst Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Amherst Township has remained a Seller's Market.
Key Takeaway
Amherst Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Amherst Township, OH
How much do homes in Amherst Township, OH cost?
Median Sold Price
$257,500
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+2.6%)
Key Takeaway
Homes in Amherst Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Amherst Township was $257,500 in October 2024, up 2.6% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $168.4K | $181.5K | +7.7% |
| 3 Bedrooms | $235K | $243.2K | +3.5% |
| 4 Bedrooms | $282.2K | $318.5K | +12.8% |
| 5+ Bedrooms | $339.9K | $522.5K | +53.7% |
Summary: Amherst 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 7.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 53.7%.
Housing Supply in Amherst Township, OH
How many homes are available in Amherst Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 62 | +5.1% |
Summary: The Amherst Township real estate market had 62 homes for sale in October 2024, a 5.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 32 | 35 | +9.4% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Amherst 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 decreased by 10%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Amherst Township, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Amherst Township in October 2024, down by 15.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 6% were sold at asking, and 47% were sold over asking.
Days on Market for Amherst Township, OH
How long does it take to sell a home in Amherst Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 33 Days | +1.2% |
Summary: Homes in Amherst Township had an average of 33 days on market in Oct 2024, up by 1.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Amherst Township has remained consistent over time.
Summary: During October 2024, 17 homes were sold in Amherst Township; 35% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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