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 seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Jerusalem Township has remained a Seller's Market.

Key Takeaway

Jerusalem Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jerusalem Township, OH

How much do homes in Jerusalem Township, OH cost?

Median Sold Price

$230,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$61,000(+36.1%)

Key Takeaway

Homes in Jerusalem Township have sold for 36.1% more than they did a year ago.

Summary: The median home sold price in Jerusalem Township was $230,000 in December 2024, up 36.1% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $167.8K$178.5K
+6.4%
3 $169K$236K
+39.6%
4 -$256K
N/A
5+ $282K-
N/A

Summary: Jerusalem Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 39.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jerusalem Township
+36.1%
Carroll Township
+27.5%
Martin
0.0%

Housing Supply in Jerusalem Township, OH

How many homes are available in Jerusalem Township, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
97-22.2%

Summary: The Jerusalem Township real estate market had 7 homes for sale in December 2024, a 22.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 63
-50.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Jerusalem Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 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 Jerusalem Township in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Dec 2023Dec 2024CHANGE
103 Days138 Days+34.0%

Summary: Homes in Jerusalem Township had an average of 138 days on market in Dec 2024, up by 34% 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

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 December 2024, 2 homes were sold in Jerusalem 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.

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 Jerusalem Township, OH

Nearby Markets to Jerusalem Township, OH

What housing markets are near Jerusalem Township, OH?