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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Island Creek Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Island Creek Township, OH

How much do homes in Island Creek Township, OH cost?

Median Sold Price

$156,100

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,100(+1.4%)

Key Takeaway

Homes in Island Creek Township have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Island Creek Township was $156,100 in October 2024, up 1.4% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $64.5K-
N/A
2 $89K$122K
+37.1%
3 $159.2K$159K
-0.2%
4 $180.2K$230K
+27.6%
5+ $165K$455K
+175.8%

Summary: Island Creek 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 increased by 37.1%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes increased by 175.8%.

Median Sold Price Compared To Nearby Cities

Toronto
+25.2%
Cross Creek Township
+13.9%
Steubenville
+2.4%
Island Creek Township
+1.4%
Wintersville
-10.5%

Housing Supply in Island Creek Township, OH

How many homes are available in Island Creek Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4150+22.0%

Summary: The Island Creek Township real estate market had 50 homes for sale in October 2024, a 22.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 2736
+33.3%
4 33
0.0%
5+ 22
0.0%

Summary: The Island Creek 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Island Creek Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Island Creek Township in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.

Days on Market for Island Creek Township, OH

How long does it take to sell a home in Island Creek Township, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
99 Days88 Days-11.3%

Summary: Homes in Island Creek Township had an average of 88 days on market in Oct 2024, down by 11.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Island Creek Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 7 homes were sold in Island Creek Township; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Island Creek Township, OH

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