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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jerusalem Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Jerusalem Township, OH

How much do homes in Jerusalem Township, OH cost?

Median Sold Price

$230,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$68,600(+42.5%)

Key Takeaway

Homes in Jerusalem Township have sold for 42.5% more than they did a year ago.

Summary: The median home sold price in Jerusalem Township was $230,000 in October 2024, up 42.5% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $158.8K$197K
+24.0%
3 $162.5K$242.5K
+49.2%
4 -$256K
N/A
5+ -$282K
N/A

Summary: Jerusalem 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 24%, 3 bedroom homes increased by 49.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Allen Township
+70.7%
Jerusalem Township
+42.5%
Curtice
+28.1%
Carroll Township
+24.5%

Housing Supply in Jerusalem Township, OH

How many homes are available in Jerusalem Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
810+25.0%

Summary: The Jerusalem Township real estate market had 10 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 01
+100.0%
5+ 11
0.0%

Summary: The Jerusalem 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 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jerusalem Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Jerusalem Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Jerusalem Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
62 Days25 Days-59.7%

Summary: Homes in Jerusalem Township had an average of 25 days on market in Oct 2024, down by 59.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jerusalem Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Jerusalem Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Jerusalem Township, OH

Nearby Markets to Jerusalem Township, OH

What housing markets are near Jerusalem Township, OH?