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 November 2023

At the same time last year, East Union Township was a Buyer'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

$250,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$53,050(+26.9%)

Key Takeaway

Homes in East Union Township have sold for 26.9% more than they did a year ago.

Summary: The median home sold price in East Union Township was $250,000 in November 2024, up 26.9% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K-
N/A
2 $155K$159.4K
+2.8%
3 $212K$241.2K
+13.8%
4 $170K$305K
+79.4%
5+ $236.5K$576K
+143.6%

Summary: East Union Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 79.4%, and 5+ bedroom homes increased by 143.6%.

Median Sold Price Compared To Nearby Cities

Apple Creek
+34.0%
East Union Township
+26.9%
Green Township
+18.9%
Sugar Creek Township
+1.9%

Housing Supply in East Union Township, OH

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The East Union Township real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 75
-28.6%
4 43
-25.0%
5+ 12
+100.0%

Summary: The East Union Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Union Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in East Union Township in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
5 Days28 Days+475.0%

Summary: Homes in East Union Township had an average of 28 days on market in Nov 2024, up by 475% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Union Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in East Union Township; 50% of homes were sold within 30 days, 50% 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 17 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?