$279,293
39.90 Acres
Land
Nicole L Carpenter, Listing Office: Leonard and Newland Real Estate Services
Is Cambridge Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cambridge Township was a Seller's Market.
Key Takeaway
Cambridge Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cambridge Township, OH
How much do homes in Cambridge Township, OH cost?
Median Sold Price
$155,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,233(-2.7%)
Key Takeaway
Homes in Cambridge Township have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Cambridge Township was $155,000 in November 2024, down 2.7% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $36K | $37.5K | +4.2% |
| 2 Bedrooms | $112.1K | $118K | +5.2% |
| 3 Bedrooms | $165K | $164.9K | -0.1% |
| 4 Bedrooms | $174K | $174.3K | 0.2% |
| 5+ Bedrooms | $216.6K | $246K | +13.5% |
Summary: Cambridge Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 5.2%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
| Cambridge Township | $159.2K | $155K | -2.7% |
| Cambridge | $159.2K | $155K | -2.7% |
| Jackson Township | $172K | $145K | -15.7% |
Housing Supply in Cambridge Township, OH
How many homes are available in Cambridge Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 106 | 100 | -5.7% |
Summary: The Cambridge Township real estate market had 100 homes for sale in November 2024, a 5.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 62 | 51 | -17.7% |
| 4 Bedrooms | 22 | 24 | +9.1% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Cambridge 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 increased by 5.6%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 9 | -62.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cambridge Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Cambridge Township in November 2024, down by 62.5% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Cambridge Township, OH
How long does it take to sell a home in Cambridge Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 66 Days | 33 Days | -49.3% |
Summary: Homes in Cambridge Township had an average of 33 days on market in Nov 2024, down by 49.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cambridge Township has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Cambridge Township; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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