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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ballville Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Ballville Township has remained a Seller's Market.

Key Takeaway

Ballville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ballville Township, OH

How much do homes in Ballville Township, OH cost?

Median Sold Price

$225,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+12.5%)

Key Takeaway

Homes in Ballville Township have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Ballville Township was $225,000 in October 2024, up 12.5% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $130K-
N/A
2 $165.4K$160K
-3.3%
3 $200K$225K
+12.5%
4 $225K$217K
-3.6%
5+ $178K$453.5K
+154.8%

Summary: Ballville 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 decreased by 3.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 154.8%.

Median Sold Price Compared To Nearby Cities

Sandusky Township
+12.7%
Ballville Township
+12.5%
Fremont
-2.4%

Housing Supply in Ballville Township, OH

How many homes are available in Ballville Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2732+18.5%

Summary: The Ballville Township real estate market had 32 homes for sale in October 2024, a 18.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1413
-7.1%
4 611
+83.3%
5+ 33
0.0%

Summary: The Ballville 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 increased by 25%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ballville Township, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Ballville Township in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.

Days on Market for Ballville Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days57 Days-4.6%

Summary: Homes in Ballville Township had an average of 57 days on market in Oct 2024, down by 4.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Ballville Township; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% 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 Ballville Township, OH

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