$265,900
20.51 Acres
Land
Dan S O'Reilly, Listing Office: RE/MAX Traditions
Is Chardon Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Chardon Township has remained a Seller's Market.
Key Takeaway
Chardon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chardon Township, OH
How much do homes in Chardon Township, OH cost?
Median Sold Price
$325,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.6%)
Key Takeaway
Homes in Chardon Township have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Chardon Township was $325,000 in October 2024, up 1.6% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.5K | - | N/A |
| 2 Bedrooms | $189.2K | $172.4K | -8.9% |
| 3 Bedrooms | $248.6K | $289.5K | +16.4% |
| 4 Bedrooms | $385K | $415K | +7.8% |
| 5+ Bedrooms | $500K | $443K | -11.4% |
Summary: Chardon 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 decreased by 8.9%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 11.4%.
Median Sold Price Compared To Nearby Cities
| Concord Township | $300K | $335K | +11.7% |
| Chardon | $318K | $324.9K | +2.2% |
| Chardon Township | $320K | $325K | +1.6% |
| Hambden Township | $348.5K | $352.5K | +1.1% |
Housing Supply in Chardon Township, OH
How many homes are available in Chardon Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 71 | -7.8% |
Summary: The Chardon Township real estate market had 71 homes for sale in October 2024, a 7.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 37 | 38 | +2.7% |
| 4 Bedrooms | 32 | 26 | -18.8% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Chardon 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 33.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 17 | -37.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chardon Township, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Chardon Township in October 2024, down by 37.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for Chardon Township, OH
How long does it take to sell a home in Chardon Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 44 Days | +37.8% |
Summary: Homes in Chardon Township had an average of 44 days on market in Oct 2024, up by 37.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chardon Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Chardon Township; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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