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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Congress Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Congress Township, OH

How much do homes in Congress Township, OH cost?

Median Sold Price

$228,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$52,000(+29.5%)

Key Takeaway

Homes in Congress Township have sold for 29.5% more than they did a year ago.

Summary: The median home sold price in Congress Township was $228,000 in October 2024, up 29.5% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $68.5K-
N/A
2 $109K$267.5K
+145.4%
3 $205.5K$216.5K
+5.3%
4 $185K$238.9K
+29.1%
5+ $125K-
N/A

Summary: Congress 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 145.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Congress Township
+29.5%
West Salem
+16.2%
Canaan Township
+8.5%

Housing Supply in Congress Township, OH

How many homes are available in Congress Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1311-15.4%

Summary: The Congress Township real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 76
-14.3%
4 33
0.0%
5+ 11
0.0%

Summary: The Congress 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 decreased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Congress Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Congress Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Congress Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days42 Days-32.9%

Summary: Homes in Congress Township had an average of 42 days on market in Oct 2024, down by 32.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Congress Township has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Congress Township; 40% of homes were sold within 30 days, 60% 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 Congress Township, OH

Nearby Markets to Congress Township, OH