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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Defiance Township is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Defiance Township, OH

How much do homes in Defiance Township, OH cost?

Median Sold Price

$168,416

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$8,416(+5.3%)

Key Takeaway

Homes in Defiance Township have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Defiance Township was $168,416 in December 2024, up 5.3% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $300K$130.5K
-56.5%
2 $97.2K$109.5K
+12.6%
3 $158K$177K
+12.0%
4 $230K$214.9K
-6.5%
5+ $280K$269K
-3.9%

Summary: Defiance Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.5%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 3.9%.

Median Sold Price Compared To Nearby Cities

Highland Township
+57.6%
Noble Township
+28.4%
Defiance Township
+5.3%
Defiance
+5.3%

Housing Supply in Defiance Township, OH

How many homes are available in Defiance Township, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6769+3.0%

Summary: The Defiance Township real estate market had 69 homes for sale in December 2024, a 3.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 88
0.0%
3 3741
+10.8%
4 1918
-5.3%
5+ 32
-33.3%

Summary: The Defiance Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1520+33.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Defiance Township, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Defiance Township in December 2024, up by 33.3% month-over-month. Of the 19 sold homes, 68% were sold under asking, 5% were sold at asking, and 26% were sold over asking.

Days on Market for Defiance Township, OH

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

Average Sale Time

Dec 2023Dec 2024CHANGE
85 Days64 Days-24.1%

Summary: Homes in Defiance Township had an average of 64 days on market in Dec 2024, down by 24.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 20 homes were sold in Defiance Township; 10% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 20% 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 4 Days Ago

Newest Listings in Defiance Township, OH

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