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 neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Catawba Island 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 Catawba Island Township, OH

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

Median Sold Price

$507,500

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,500(+12.8%)

Key Takeaway

Homes in Catawba Island Township have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in Catawba Island Township was $507,500 in October 2024, up 12.8% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $262.4K-
N/A
2 $386.2K$457.5K
+18.4%
3 $446.5K$475.5K
+6.5%
4 $737.4K$631K
-14.4%
5+ $860K$692.4K
-19.5%

Summary: Catawba Island Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 19.5%.

Median Sold Price Compared To Nearby Cities

Danbury Township
+18.8%
Lakeside Marblehead
+18.1%
Catawba Island Township
+12.8%

Housing Supply in Catawba Island Township, OH

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
44440.0%

Summary: The Catawba Island Township real estate market had 44 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 2321
-8.7%
4 911
+22.2%
5+ 10
-100.0%

Summary: The Catawba Island 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 increased by 9.1%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Catawba Island Township in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% 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

Oct 2023Oct 2024CHANGE
14 Days41 Days+188.7%

Summary: Homes in Catawba Island Township had an average of 41 days on market in Oct 2024, up by 188.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Catawba Island Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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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