$4,749 Closing Credit*
$399,900
2,351 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: RE/MAX Masters
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
Since last year, German Township has remained a Neutral Market.
Key Takeaway
German Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in German Township, OH
How much do homes in German Township, OH cost?
Median Sold Price
$195,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+2.6%)
Key Takeaway
Homes in German Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in German Township was $195,000 in November 2024, up 2.6% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $188K | $166K | -11.7% |
| 3 Bedrooms | $180.5K | $184.9K | +2.5% |
| 4 Bedrooms | $240K | $244.9K | +2.1% |
| 5+ Bedrooms | $365K | $195K | -46.6% |
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 decreased by 11.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 46.6%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $244.6K | $264.6K | +8.2% |
| German Township | $190K | $195K | +2.6% |
| Archbold | $190K | $195K | +2.6% |
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 |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The German Township real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 50.0% 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
How long does it take to sell a home in German Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 89 Days | +295.6% |
Summary: Homes in German Township had an average of 89 days on market in Nov 2024, up by 295.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in German Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in German Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.