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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dorset Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Dorset Township was a Seller's Market.

Key Takeaway

Dorset Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dorset Township, OH

How much do homes in Dorset Township, OH cost?

Median Sold Price

$225,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$65,000(-22.4%)

Key Takeaway

Homes in Dorset Township have sold for 22.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $231.7K$225K
-2.9%
4 $405K-
N/A
5+ --
N/A

Summary: Dorset Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dorset Township
-22.4%
Dorset
-22.4%

Housing Supply in Dorset Township, OH

How many homes are available in Dorset Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
78+14.3%

Summary: The Dorset Township real estate market had 8 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Dorset 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dorset Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Dorset Township in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Dorset Township, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
35 Days40 Days+13.2%

Summary: Homes in Dorset Township had an average of 40 days on market in Oct 2024, up by 13.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Dorset Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Dorset Township; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in Dorset Township, OH

Nearby Markets to Dorset Township, OH