$3,680 Closing Credit*
$309,900
2,550 SqFt
3 Beds
•2 Full Baths, 1 Partial
Anita K Reece, Listing Office: RE/MAX Edge Realty
Is Chippewa Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Chippewa Township was a Seller's Market.
Key Takeaway
Chippewa Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chippewa Township, OH
How much do homes in Chippewa Township, OH cost?
Median Sold Price
$275,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+13.4%)
Key Takeaway
Homes in Chippewa Township have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Chippewa Township was $275,000 in November 2024, up 13.4% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | - | N/A |
| 2 Bedrooms | $64K | $210K | +228.1% |
| 3 Bedrooms | $248K | $256.5K | +3.4% |
| 4 Bedrooms | $362.5K | $371K | +2.3% |
| 5+ Bedrooms | $444.5K | - | N/A |
Summary: Chippewa 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 228.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Rittman | $165.5K | $204.9K | +23.8% |
| Chippewa Township | $242.5K | $275K | +13.4% |
| Doylestown | $242.5K | $270K | +11.3% |
Housing Supply in Chippewa Township, OH
How many homes are available in Chippewa Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Summary: The Chippewa Township real estate market had 35 homes for sale in November 2024, a 12.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 15 | 19 | +26.7% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Chippewa 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 12.5%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chippewa Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Chippewa Township in November 2024, down by 33.3% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Chippewa Township, OH
How long does it take to sell a home in Chippewa Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 33 Days | -51.5% |
Summary: Homes in Chippewa Township had an average of 33 days on market in Nov 2024, down by 51.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chippewa Township has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Chippewa Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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