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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cadiz Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Cadiz Township was a Seller's Market.

Key Takeaway

Cadiz Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cadiz Township, OH

How much do homes in Cadiz Township, OH cost?

Median Sold Price

$148,750

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$56,750(+61.7%)

Key Takeaway

Homes in Cadiz Township have sold for 61.7% more than they did a year ago.

Summary: The median home sold price in Cadiz Township was $148,750 in November 2024, up 61.7% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$134.9K
N/A
2 $84.3K$114K
+35.2%
3 $91K$159.9K
+75.7%
4 $175K$198K
+13.1%
5+ $145K-
N/A

Summary: Cadiz Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.2%, 3 bedroom homes increased by 75.7%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cadiz Township
+61.7%
Cadiz
+61.7%
Athens Township
-3.0%

Housing Supply in Cadiz Township, OH

How many homes are available in Cadiz Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1920+5.3%

Summary: The Cadiz Township real estate market had 20 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 910
+11.1%
4 56
+20.0%
5+ 11
0.0%

Summary: The Cadiz Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cadiz Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Cadiz Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Cadiz Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days126 Days+223.9%

Summary: Homes in Cadiz Township had an average of 126 days on market in Nov 2024, up by 223.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cadiz Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Cadiz Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 Cadiz Township, OH

Nearby Markets to Cadiz Township, OH