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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Union Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, East Union Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Union Township, OH

How much do homes in East Union Township, OH cost?

Median Sold Price

$307,500

$154/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$101,500(+49.3%)

Key Takeaway

Homes in East Union Township have sold for 49.3% more than they did a month ago.

Summary: The median home sold price in East Union Township was $307,500 in October 2024, up 49.3% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $14K$281.5K
+1910.7%
3 $186.6K$330K
+76.8%
4 $218K-
N/A
5+ $895K-
N/A

Summary: East Union 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 increased by 1910.7%, 3 bedroom homes increased by 76.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Apple Creek
+59.7%
East Union Township
+49.3%
Fredericksburg
-36.7%

Housing Supply in East Union Township, OH

How many homes are available in East Union Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1614-12.5%

Summary: The East Union Township real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 87
-12.5%
4 43
-25.0%
5+ 21
-50.0%

Summary: The East Union 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 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Union Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in East Union Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for East Union Township, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
92 Days30 Days-66.6%

Summary: Homes in East Union Township had an average of 30 days on market in Oct 2024, down by 66.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 East Union Township has remained consistent over time.

Summary: During October 2024, 4 homes were sold in East Union Township; 25% of homes were sold within 30 days, 75% 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 East Union Township, OH

Nearby Markets to East Union Township, OH

What housing markets are near East Union Township, OH?