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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing German Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, German Township was a Seller's Market.

Key Takeaway

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

Housing Prices in German Township, OH

How much do homes in German Township, OH cost?

Median Sold Price

$260,950

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,050(+4.4%)

Key Takeaway

Homes in German Township have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in German Township was $260,950 in November 2024, up 4.4% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $121.5K$35K
-71.2%
2 $150K$173K
+15.3%
3 $228K$249.9K
+9.6%
4 $298.8K$342.3K
+14.6%
5+ $437.5K$565K
+29.1%

Summary: German Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.2%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 29.1%.

Median Sold Price Compared To Nearby Cities

Germantown
+7.1%
Miamisburg
+5.4%
Carlisle
+4.8%
German Township
+4.4%
Jackson Township
-7.2%

Housing Supply in German Township, OH

How many homes are available in German Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2629+11.5%

Summary: The German Township real estate market had 29 homes for sale in November 2024, a 11.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1517
+13.3%
4 99
0.0%
5+ 00
0.0%

Summary: The German 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 increased by 50%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in German Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in German Township in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for German Township, OH

We’re sorry, we don't have information for this market at the moment

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 German Township, OH

Nearby Markets to German Township, OH

What housing markets are near German Township, OH?