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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colerain Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Colerain Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Colerain Township, OH

How much do homes in Colerain Township, OH cost?

Median Sold Price

$158,900

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,100(-11.2%)

Key Takeaway

Homes in Colerain Township have sold for 11.2% less than they did a year ago.

Summary: The median home sold price in Colerain Township was $158,900 in November 2024, down 11.2% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$72.5K
N/A
2 $90K$100K
+11.1%
3 $174.9K$172.8K
-1.2%
4 $225K$322.5K
+43.3%
5+ $575K-
N/A

Summary: Colerain 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 11.1%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 43.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pease Township
+21.2%
Richland Township
0.1%
Colerain Township
-11.2%

Housing Supply in Colerain Township, OH

How many homes are available in Colerain Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The Colerain Township real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 1011
+10.0%
4 13
+200.0%
5+ 00
0.0%

Summary: The Colerain Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colerain Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Colerain Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Colerain Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days65 Days+25.0%

Summary: Homes in Colerain Township had an average of 65 days on market in Nov 2024, up by 25% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Colerain Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Colerain Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in Colerain Township, OH

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