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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chardon Township is a seller's market

Buyer's
Market

Difference Since November 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

$331,250

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,750(+5.0%)

Key Takeaway

Homes in Chardon Township have sold for 5% more than they did a year ago.

Summary: The median home sold price in Chardon Township was $331,250 in November 2024, up 5% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $87.5K-
N/A
2 $177.4K$157.5K
-11.2%
3 $256K$275K
+7.4%
4 $375K$450K
+20.0%
5+ $492.5K$443K
-10.1%

Summary: Chardon 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 decreased by 11.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 10.1%.

Median Sold Price Compared To Nearby Cities

Concord Township
+9.8%
Chardon Township
+5.0%
Chardon
+4.0%
Hambden Township
-5.4%

Housing Supply in Chardon Township, OH

How many homes are available in Chardon Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6858-14.7%

Summary: The Chardon Township real estate market had 58 homes for sale in November 2024, a 14.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 3531
-11.4%
4 2622
-15.4%
5+ 32
-33.3%

Summary: The Chardon 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 25%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1813-27.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chardon Township, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Chardon Township in November 2024, down by 27.8% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% 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

Nov 2023Nov 2024CHANGE
25 Days51 Days+104.2%

Summary: Homes in Chardon Township had an average of 51 days on market in Nov 2024, up by 104.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chardon Township has remained consistent over time.

Summary: During November 2024, 13 homes were sold in Chardon Township; 8% of homes were sold within 30 days, 92% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Chardon Township, OH

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