$3,390 Closing Credit*
$285,500
2,217 SqFt
3 Beds
•2 Full Baths, 1 Partial
David S Callander, Listing Office: Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Is Litchfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Litchfield Township has remained a Seller's Market.
Key Takeaway
Litchfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Litchfield Township, OH
How much do homes in Litchfield Township, OH cost?
Median Sold Price
$367,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$47,950(-11.5%)
Key Takeaway
Homes in Litchfield Township have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in Litchfield Township was $367,500 in October 2024, down 11.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $417.5K | - | N/A |
| 3 Bedrooms | $468K | $365K | -22.0% |
| 4 Bedrooms | $374K | $354.9K | -5.1% |
| 5+ Bedrooms | - | $555K | N/A |
Summary: Litchfield 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 did not change, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| York Township | $380K | $425K | +11.8% |
| Grafton Township | $290K | $260K | -10.3% |
| Litchfield Township | $415.4K | $367.5K | -11.5% |
| Litchfield | $439.4K | $367.5K | -16.4% |
Housing Supply in Litchfield Township, OH
How many homes are available in Litchfield Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Litchfield Township real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Litchfield 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 increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Litchfield Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Litchfield Township in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Litchfield Township, OH
How long does it take to sell a home in Litchfield Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 23 Days | -50.0% |
Summary: Homes in Litchfield Township had an average of 23 days on market in Oct 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Litchfield Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Litchfield Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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