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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chatham Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Chatham Township has remained a Seller's Market.

Key Takeaway

Chatham Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chatham Township, OH

How much do homes in Chatham Township, OH cost?

Median Sold Price

$191,000

$62/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$209,000(-52.3%)

Key Takeaway

Homes in Chatham Township have sold for 52.2% less than they did a month ago.

Summary: The median home sold price in Chatham Township was $191,000 in October 2024, down 52.3% from last month, and the median price per square foot was $62.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $400K$191K
-52.3%
4 --
N/A
5+ --
N/A

Summary: Chatham Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 52.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chatham Township, OH

How many homes are available in Chatham Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Chatham Township real estate market had 3 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 00
0.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Chatham 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chatham Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Chatham Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Chatham Township, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
22 Days7 Days-68.2%

Summary: Homes in Chatham Township had an average of 7 days on market in Oct 2024, down by 68.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Chatham Township; 100% of homes were sold within 30 days, 0% 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 16 Days Ago

Newest Listings in Chatham Township, OH

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