Is Brown Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brown Township has remained a Seller's Market.
Housing Prices in Brown Township, OH
How much do homes in Brown Township, OH cost?
Median Sold Price
$215,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Brown Township was $215,000 in May 2024, up 12.6% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $282.4K | N/A |
2 Bedrooms | $137.5K | $156K | +13.5% |
3 Bedrooms | $176K | $217K | +23.3% |
4 Bedrooms | $318K | $375K | +17.9% |
5+ Bedrooms | $420K | $245K | -41.7% |
Summary: Brown Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 41.7%.
Median Sold Price Compared To Nearby Cities
Malvern | $222.5K | $322.5K | +44.9% |
Minerva | $142K | $168.9K | +19.0% |
Minerva | $143.5K | $169.9K | +18.4% |
Brown Township | $191K | $215K | +12.6% |
Paris Township | $147.5K | $165.9K | +12.5% |
Housing Supply in Brown Township, OH
How many homes are available in Brown Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Summary: The Brown Township real estate market had 25 homes for sale in May 2024, a 8.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Brown Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Brown Township in May 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Brown Township, OH
How long does it take to sell a home in Brown Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 32 Days | -24.3% |
Summary: Homes in Brown Township had an average of 32 days on market in May 2024, down by 24.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Brown Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.