$2,286 Closing Credit*
$192,500
1,280 SqFt
2 Beds
•2 Full Baths
Deborah A Kruis, Listing Office: Coldwell Banker Schmidt Realty
Is Auburn Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Auburn Township has remained a Seller's Market.
Key Takeaway
Auburn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Auburn Township, OH
How much do homes in Auburn Township, OH cost?
Median Sold Price
$522,500
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$92,500(+21.5%)
Key Takeaway
Homes in Auburn Township have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in Auburn Township was $522,500 in November 2024, up 21.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $338.9K | $410K | +21.0% |
| 3 Bedrooms | $397.4K | $444.5K | +11.8% |
| 4 Bedrooms | $500K | $608K | +21.6% |
| 5+ Bedrooms | $659K | $787.5K | +19.5% |
Summary: Auburn Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 19.5%.
Median Sold Price Compared To Nearby Cities
| Auburn Township | $430K | $522.5K | +21.5% |
| Newbury Township | $265K | $300K | +13.2% |
| Newbury | $268K | $300K | +11.9% |
| Chagrin Falls | $500K | $549.6K | +9.9% |
| Troy Township | $259.9K | $278.8K | +7.3% |
Housing Supply in Auburn Township, OH
How many homes are available in Auburn Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Summary: The Auburn Township real estate market had 21 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Auburn 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Auburn Township, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Auburn Township in November 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Auburn Township, OH
How long does it take to sell a home in Auburn Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 48 Days | +108.3% |
Summary: Homes in Auburn Township had an average of 48 days on market in Nov 2024, up by 108.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Auburn Township has remained consistent over time.
Summary: During November 2024, 10 homes were sold in Auburn Township; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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