$1,930 Closing Credit*
$162,500
1,240 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: Serenity Realty LLC
Is Genoa Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Genoa Township has remained a Seller's Market.
Key Takeaway
Genoa Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Genoa Township, OH
How much do homes in Genoa Township, OH cost?
Median Sold Price
$520,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,500(+5.2%)
Key Takeaway
Homes in Genoa Township have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Genoa Township was $520,000 in October 2024, up 5.2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | - | N/A |
| 2 Bedrooms | $360K | $329.4K | -8.5% |
| 3 Bedrooms | $433.3K | $431.8K | -0.4% |
| 4 Bedrooms | $550K | $575K | +4.5% |
| 5+ Bedrooms | $645K | $752.5K | +16.7% |
Summary: Genoa 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 decreased by 8.5%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 16.7%.
Median Sold Price Compared To Nearby Cities
| Orange Township | $510.5K | $543.4K | +6.5% |
| Genoa Township | $494.5K | $520K | +5.2% |
Housing Supply in Genoa Township, OH
How many homes are available in Genoa Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Summary: The Genoa Township real estate market had 14 homes for sale in October 2024, a 36.4% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 12 | 8 | -33.3% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Genoa 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Genoa Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Genoa Township in October 2024, down by 66.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Genoa Township, OH
How long does it take to sell a home in Genoa Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 77 Days | +269.4% |
Summary: Homes in Genoa Township had an average of 77 days on market in Oct 2024, up by 269.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Genoa Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Genoa Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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. 
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.