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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloom Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bloom Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bloom Township, OH

How much do homes in Bloom Township, OH cost?

Median Sold Price

$185,000

$112/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$47,550(+34.6%)

Key Takeaway

Homes in Bloom Township have sold for 34.6% more than they did a month ago.

Summary: The median home sold price in Bloom Township was $185,000 in October 2024, up 34.6% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $45K-
N/A
3 -$145K
N/A
4 $229.9K$322.5K
+40.3%
5+ -$215K
N/A

Summary: Bloom Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 40.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cygnet
+244.4%
Bloomdale
+107.4%
Bloom Township
+34.6%

Housing Supply in Bloom Township, OH

How many homes are available in Bloom Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The Bloom Township real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 11
0.0%
4 32
-33.3%
5+ 23
+50.0%

Summary: The Bloom 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bloom Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Bloom Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Bloom Township, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
52 Days64 Days+22.9%

Summary: Homes in Bloom Township had an average of 64 days on market in Oct 2024, up by 22.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bloom Township has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Bloom Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Bloom Township, OH

Nearby Markets to Bloom Township, OH