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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lemon Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Lemon Township, OH

How much do homes in Lemon Township, OH cost?

Median Sold Price

$330,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,500(-4.5%)

Key Takeaway

Homes in Lemon Township have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in Lemon Township was $330,000 in November 2024, down 4.5% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $175K$150K
-14.3%
3 $275K$290K
+5.5%
4 $390K$389.5K
-0.1%
5+ $571.9K$607.5K
+6.2%

Summary: Lemon 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 decreased by 14.3%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Cities

Liberty Township
+7.1%
Middletown
+4.9%
Madison Township
+1.0%
Monroe
-3.9%
Lemon Township
-4.5%

Housing Supply in Lemon Township, OH

How many homes are available in Lemon Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1917-10.5%

Summary: The Lemon Township real estate market had 17 homes for sale in November 2024, a 10.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 116
-45.5%
4 45
+25.0%
5+ 34
+33.3%

Summary: The Lemon 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 increased by 100%, 3 bedroom homes decreased by 45.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lemon Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Lemon Township in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lemon Township, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Lemon Township, OH

Nearby Markets to Lemon Township, OH

What housing markets are near Lemon Township, OH?