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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brownhelm Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Brownhelm Township, OH

How much do homes in Brownhelm Township, OH cost?

Median Sold Price

$227,500

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$500(-0.2%)

Key Takeaway

The sold price of homes in Brownhelm Township has remained the same since last year.

Summary: The median home sold price in Brownhelm Township was $227,500 in October 2024, down 0.2% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $95K$144.9K
+52.6%
2 $162.5K$191K
+17.5%
3 $250K$190K
-24.0%
4 $335.9K$417.5K
+24.3%
5+ $575K$299.9K
-47.8%

Summary: Brownhelm Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.6%, 2 bedroom homes increased by 17.5%, 3 bedroom homes decreased by 24%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes decreased by 47.8%.

Median Sold Price Compared To Nearby Cities

Vermilion
+20.0%
Vermilion
+18.0%
Amherst
+4.9%
Amherst Township
+2.6%
Brownhelm Township
-0.2%

Housing Supply in Brownhelm Township, OH

How many homes are available in Brownhelm Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2425+4.2%

Summary: The Brownhelm Township real estate market had 25 homes for sale in October 2024, a 4.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1111
0.0%
4 89
+12.5%
5+ 11
0.0%

Summary: The Brownhelm 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 remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brownhelm Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Brownhelm Township in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Brownhelm Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days9 Days-82.8%

Summary: Homes in Brownhelm Township had an average of 9 days on market in Oct 2024, down by 82.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Brownhelm Township; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Brownhelm Township, OH

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