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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bath Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bath Township, OH

How much do homes in Bath Township, OH cost?

Median Sold Price

$502,450

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,450(+6.9%)

Key Takeaway

Homes in Bath Township have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Bath Township was $502,450 in October 2024, up 6.9% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $245K$192.5K
-21.4%
3 $392.5K$420K
+7.0%
4 $433K$549.9K
+27.0%
5+ $919.5K$675K
-26.6%

Summary: Bath 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 21.4%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 27%, and 5+ bedroom homes decreased by 26.6%.

Median Sold Price Compared To Nearby Cities

Richfield Township
+24.3%
Fairlawn
+11.3%
Bath Township
+6.9%
Cuyahoga Falls
+5.4%
Granger Township
-6.2%

Housing Supply in Bath Township, OH

How many homes are available in Bath Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4442-4.5%

Summary: The Bath Township real estate market had 42 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 711
+57.1%
4 2519
-24.0%
5+ 99
0.0%

Summary: The Bath 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 57.1%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bath Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Bath Township in October 2024, down by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Bath Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
101 Days36 Days-64.5%

Summary: Homes in Bath Township had an average of 36 days on market in Oct 2024, down by 64.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Bath Township; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% 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 16 Days Ago

Newest Listings in Bath Township, OH

Nearby Markets to Bath Township, OH

What housing markets are near Bath Township, OH?