$3,205 Closing Credit*
$269,900
1,718 SqFt
3 Beds
•2 Full Baths
Lyndi Gesiorski, Listing Office: EXP Realty, LLC.
Is Independence Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Independence Township has remained a Seller's Market.
Key Takeaway
Independence Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Independence Township, OH
How much do homes in Independence Township, OH cost?
Median Sold Price
$325,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$43,900(+15.6%)
Key Takeaway
Homes in Independence Township have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Independence Township was $325,000 in August 2024, up 15.6% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $258.6K | $207.5K | -19.8% |
| 3 Bedrooms | $249K | $299K | +20.1% |
| 4 Bedrooms | $320K | $455K | +42.2% |
| 5+ Bedrooms | $392.5K | $435K | +10.8% |
Summary: Independence Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.8%, 3 bedroom homes increased by 20.1%, 4 bedroom homes increased by 42.2%, and 5+ bedroom homes increased by 10.8%.
Housing Supply in Independence Township, OH
How many homes are available in Independence Township, OH?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Summary: The Independence Township real estate market had 38 homes for sale in August 2024, a 11.8% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 9 | 14 | +55.6% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Independence Township housing inventory by bedroom type for August 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 55.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Independence Township, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Independence Township in August 2024, up by 44.4% month-over-month. Of the 13 sold homes, 38% were sold under asking, 8% were sold at asking, and 54% were sold over asking.
Days on Market for Independence Township, OH
How long does it take to sell a home in Independence Township, OH?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 35 Days | 17 Days | -50.5% |
Summary: Homes in Independence Township had an average of 17 days on market in Aug 2024, down by 50.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Independence Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 13 homes were sold in Independence Township; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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