$3,443 Closing Credit*
$289,900
2,400 SqFt
4 Beds
•3 Full Baths
David S Bratanov, Listing Office: Century 21 DeAnna 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 October 2023
At the same time last year, Chippewa Township was a Seller's Market.
Key Takeaway
Chippewa 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 Chippewa Township, OH
How much do homes in Chippewa Township, OH cost?
Median Sold Price
$275,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+12.2%)
Key Takeaway
Homes in Chippewa Township have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Chippewa Township was $275,000 in October 2024, up 12.2% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | - | N/A |
| 2 Bedrooms | $109.1K | $157.9K | +44.7% |
| 3 Bedrooms | $248K | $256.5K | +3.4% |
| 4 Bedrooms | $362.5K | $375.5K | +3.6% |
| 5+ Bedrooms | $444.5K | - | N/A |
Summary: Chippewa 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 44.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Rittman | $155K | $202.9K | +30.9% |
| Chippewa Township | $245K | $275K | +12.2% |
| Doylestown | $245K | $275K | +12.2% |
| Clinton | $250K | $275K | +10.0% |
Housing Supply in Chippewa Township, OH
How many homes are available in Chippewa Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 30 | +25.0% |
Summary: The Chippewa Township real estate market had 30 homes for sale in October 2024, a 25.0% increase 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 | 5 | 8 | +60.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chippewa 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 60%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chippewa Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Chippewa Township in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 55 Days | +358.3% |
Summary: Homes in Chippewa Township had an average of 55 days on market in Oct 2024, up by 358.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chippewa Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Chippewa Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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