$3,622 Closing Credit*
$305,000
2,157 SqFt
3 Beds
•3 Full Baths
Linda J Reibenstein, Listing Office: RE/MAX Edge Realty
Is Lexington Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lexington Township was a Neutral Market.
Key Takeaway
Lexington Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lexington Township, OH
How much do homes in Lexington Township, OH cost?
Median Sold Price
$216,250
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,300(+8.2%)
Key Takeaway
Homes in Lexington Township have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Lexington Township was $216,250 in November 2024, up 8.2% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | - | N/A |
| 2 Bedrooms | $145K | $140K | -3.4% |
| 3 Bedrooms | $185.4K | $213.4K | +15.1% |
| 4 Bedrooms | $255.5K | $272.5K | +6.7% |
| 5+ Bedrooms | $178.4K | - | N/A |
Summary: Lexington 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 3.4%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lexington Township | $199.9K | $216.2K | +8.2% |
| Alliance | $144.9K | $152.8K | +5.5% |
| Smith Township | $185K | $177.5K | -4.1% |
| Washington Township | $239.9K | $220K | -8.3% |
Housing Supply in Lexington Township, OH
How many homes are available in Lexington Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The Lexington Township real estate market had 18 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lexington 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 remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lexington Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Lexington Township in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Lexington Township, OH
How long does it take to sell a home in Lexington Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 18 Days | -60.0% |
Summary: Homes in Lexington Township had an average of 18 days on market in Nov 2024, down by 60% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lexington Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Lexington Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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