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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Concord Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Concord Township, OH

How much do homes in Concord Township, OH cost?

Median Sold Price

$263,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,000(+6.9%)

Key Takeaway

Homes in Concord Township have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Concord Township was $263,000 in October 2024, up 6.9% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $64.5K-
N/A
2 $131K$167.5K
+27.9%
3 $235K$241K
+2.6%
4 $363K$345K
-5.0%
5+ $320K$470.7K
+47.1%

Summary: Concord 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 27.9%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 47.1%.

Median Sold Price Compared To Nearby Cities

Monroe Township
+12.1%
Troy
+7.7%
Concord Township
+6.9%
Staunton Township
+1.0%

Housing Supply in Concord Township, OH

How many homes are available in Concord Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98104+6.1%

Summary: The Concord Township real estate market had 104 homes for sale in October 2024, a 6.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1219
+58.3%
3 4641
-10.9%
4 2629
+11.5%
5+ 1415
+7.1%

Summary: The Concord 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 58.3%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3218-43.8%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Concord Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Concord Township in October 2024, down by 43.8% month-over-month. Of the 18 sold homes, 56% were sold under asking, 17% were sold at asking, and 28% were sold over asking.

Days on Market for Concord Township, OH

We’re sorry, we don't have information for this market at the moment

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 Concord Township, OH

Nearby Markets to Concord Township, OH

What housing markets are near Concord Township, OH?