$9,441 Closing Credit*
$795,031
3,083 SqFt
5 Beds
•4 Full Baths, 1 Partial
#224043556, Daniel V Tartabini, Listing Office: New Advantage, LTD
Is Jerome 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, Jerome Township has remained a Seller's Market.
Key Takeaway
Jerome Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jerome Township, OH
How much do homes in Jerome Township, OH cost?
Median Sold Price
$671,500
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,500(+2.1%)
Key Takeaway
Homes in Jerome Township have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Jerome Township was $671,500 in November 2024, up 2.1% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $475K | $502.4K | +5.8% |
| 3 Bedrooms | $549.9K | $567.4K | +3.2% |
| 4 Bedrooms | $674.9K | $634.2K | -6.0% |
| 5+ Bedrooms | $859.1K | $992.7K | +15.6% |
Summary: Jerome 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 5.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
| Plain City | $549.9K | $599.9K | +9.1% |
| Washington Township | $635K | $657.6K | +3.6% |
| Jerome Township | $658K | $671.5K | +2.1% |
Housing Supply in Jerome Township, OH
How many homes are available in Jerome Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 27 | -15.6% |
Summary: The Jerome Township real estate market had 27 homes for sale in November 2024, a 15.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Jerome 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 27.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jerome Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Jerome Township in November 2024, up by 100.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Jerome Township, OH
How long does it take to sell a home in Jerome Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 130 Days | +284.0% |
Summary: Homes in Jerome Township had an average of 130 days on market in Nov 2024, up by 284% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Jerome Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 10 homes were sold in Jerome Township; 10% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 70% of homes were sold over 90 days.
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.