$350,500
15.55 Acres
Land
#224030836, Elizabeth Libby Wills, Listing Office: Rock House Realty LLC
Is Laurel Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Laurel Township was a Buyer's Market.
Key Takeaway
Laurel Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laurel Township, OH
How much do homes in Laurel Township, OH cost?
Median Sold Price
$594,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$91,000(-13.3%)
Key Takeaway
Homes in Laurel Township have sold for 13.3% less than they did a year ago.
Summary: The median home sold price in Laurel Township was $594,000 in October 2024, down 13.3% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $800K | $422.5K | -47.2% |
| 3 Bedrooms | $360K | $594K | +65.0% |
| 4 Bedrooms | $570K | $737.5K | +29.4% |
| 5+ Bedrooms | $1.1M | $1.3M | +19.0% |
Summary: Laurel 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 47.2%, 3 bedroom homes increased by 65%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 19%.
Median Sold Price Compared To Nearby Cities
| Good Hope Township | $327.9K | $425K | +29.6% |
| Rockbridge | $361.2K | $425K | +17.6% |
| Laurel Township | $685K | $594K | -13.3% |
Housing Supply in Laurel Township, OH
How many homes are available in Laurel Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Laurel Township real estate market had 5 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Laurel 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Laurel Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Laurel Township in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Laurel Township, OH
How long does it take to sell a home in Laurel Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 105 Days | 206 Days | +96.2% |
Summary: Homes in Laurel Township had an average of 206 days on market in Oct 2024, up by 96.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Laurel Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Laurel Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.