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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catawba Island Township is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Catawba Island Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Catawba Island Township, OH

How much do homes in Catawba Island Township, OH cost?

Median Sold Price

$519,000

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,500(+6.5%)

Key Takeaway

Homes in Catawba Island Township have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Catawba Island Township was $519,000 in November 2024, up 6.5% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $262.4K-
N/A
2 $406K$420K
+3.4%
3 $452K$488K
+8.0%
4 $712.4K$642K
-9.9%
5+ $860K$705K
-18.0%

Summary: Catawba Island 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 3.4%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes decreased by 18%.

Median Sold Price Compared To Nearby Cities

Danbury Township
+17.6%
Lakeside Marblehead
+17.3%
Catawba Island Township
+6.5%

Housing Supply in Catawba Island Township, OH

How many homes are available in Catawba Island Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4443-2.3%

Summary: The Catawba Island Township real estate market had 43 homes for sale in November 2024, a 2.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 2117
-19.0%
4 1011
+10.0%
5+ 12
+100.0%

Summary: The Catawba Island 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 8.3%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catawba Island 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 6 homes were sold or pending in Catawba Island Township in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Catawba Island Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days105 Days+131.7%

Summary: Homes in Catawba Island Township had an average of 105 days on market in Nov 2024, up by 131.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Catawba Island Township; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

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