$750,000
5.12 Acres
Land
#224026003, C. H. Chip Carpenter, Listing Office: Real Estate & Auction Services
Is Berkshire 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, Berkshire Township has remained a Seller's Market.
Key Takeaway
Berkshire Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berkshire Township, OH
How much do homes in Berkshire Township, OH cost?
Median Sold Price
$533,152
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,182(+4.3%)
Key Takeaway
Homes in Berkshire Township have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Berkshire Township was $533,152 in October 2024, up 4.3% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | - | N/A |
| 2 Bedrooms | $453.5K | $481.3K | +6.1% |
| 3 Bedrooms | $490.5K | $486.2K | -0.9% |
| 4 Bedrooms | $535K | $592.4K | +10.7% |
| 5+ Bedrooms | $597K | $600K | 0.5% |
Summary: Berkshire 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 6.1%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Sunbury | $464.2K | $494K | +6.4% |
| Berkshire Township | $510.9K | $533.1K | +4.3% |
| Trenton Township | $275K | $283K | +2.9% |
Housing Supply in Berkshire Township, OH
How many homes are available in Berkshire Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Berkshire Township real estate market had 16 homes for sale in October 2024, a 15.8% decrease 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Berkshire 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 decreased by 11.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berkshire Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Berkshire Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Berkshire Township, OH
How long does it take to sell a home in Berkshire Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 118 Days | +402.9% |
Summary: Homes in Berkshire Township had an average of 118 days on market in Oct 2024, up by 402.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Berkshire Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in Berkshire Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.