$1,839 Closing Credit*
$154,900
1,800 SqFt
3 Beds
•1 Full Bath
Listing Office: A Step Above Real Estate Agenc
Is Florence Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Florence Township was a Buyer's Market.
Key Takeaway
Florence Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Florence Township, OH
How much do homes in Florence Township, OH cost?
Median Sold Price
$155,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-6.1%)
Key Takeaway
Homes in Florence Township have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in Florence Township was $155,000 in October 2024, down 6.1% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62K | - | N/A |
| 2 Bedrooms | $110K | $147.1K | +33.8% |
| 3 Bedrooms | $165K | $142K | -13.9% |
| 4 Bedrooms | $354.9K | $263.5K | -25.8% |
| 5+ Bedrooms | $340K | $265K | -22.1% |
Summary: Florence 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 33.8%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 25.8%, and 5+ bedroom homes decreased by 22.1%.
Median Sold Price Compared To Nearby Cities
| Edon | $165K | $160K | -3.0% |
| Florence Township | $165K | $155K | -6.1% |
Housing Supply in Florence Township, OH
How many homes are available in Florence Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Florence Township real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Florence 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 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Florence 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 3 homes were sold or pending in Florence Township in October 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 Florence Township, OH
How long does it take to sell a home in Florence Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 43 Days | +6.5% |
Summary: Homes in Florence Township had an average of 43 days on market in Oct 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Florence Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Florence 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.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.