$5,688 Closing Credit*
$479,000
3,718 SqFt
5 Beds
•3 Full Baths
Jason Reynolds, Listing Office: RE/MAX Alpha Real Estate
Is German Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
$288,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,500(+3.0%)
Key Takeaway
Homes in German Township have sold for 3% more than they did a year ago.
Summary: The median home sold price in German Township was $288,500 in November 2024, up 3% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144K | $162.9K | +13.1% |
| 3 Bedrooms | $224.9K | $255K | +13.4% |
| 4 Bedrooms | $345K | $439K | +27.2% |
| 5+ Bedrooms | $387K | $479.9K | +24.0% |
Summary: German 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 13.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes increased by 24%.
Median Sold Price Compared To Nearby Cities
| Springfield | $170.5K | $180.6K | +6.0% |
| Springfield Township | $171.4K | $180.7K | +5.4% |
| German Township | $280K | $288.5K | +3.0% |
| Moorefield Township | $229.9K | $230K | 0.0% |
Housing Supply in German Township, OH
How many homes are available in German Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The German Township real estate market had 20 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in German Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in German Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
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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.