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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing LaGrange Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in LaGrange Township, OH

How much do homes in LaGrange Township, OH cost?

Median Sold Price

$262,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,000(+2.7%)

Key Takeaway

Homes in LaGrange Township have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in LaGrange Township was $262,000 in October 2024, up 2.7% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $206K$157.5K
-23.5%
3 $260K$249.9K
-3.9%
4 $267.1K$403K
+50.9%
5+ $439.9K$495K
+12.5%

Summary: LaGrange 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 decreased by 23.5%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 50.9%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Cities

LaGrange
+5.3%
LaGrange Township
+2.7%
Grafton Township
-10.3%
Grafton
-12.1%

Housing Supply in LaGrange Township, OH

How many homes are available in LaGrange Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3327-18.2%

Summary: The LaGrange Township real estate market had 27 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 2119
-9.5%
4 118
-27.3%
5+ 00
0.0%

Summary: The LaGrange 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 decreased by 100%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in LaGrange Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in LaGrange Township in October 2024, down by 38.5% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for LaGrange Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days37 Days+112.9%

Summary: Homes in LaGrange Township had an average of 37 days on market in Oct 2024, up by 112.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in LaGrange Township; 50% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in LaGrange Township, OH

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