$2,197 Closing Credit*
$185,000
1,208 SqFt
3 Beds
•1 Full Bath
Jose Medina, Listing Office: Keller Williams Legacy Group Realty
Is Lodi Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lodi Township was a Neutral Market.
Key Takeaway
Lodi Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lodi Township, OH
How much do homes in Lodi Township, OH cost?
Median Sold Price
$224,000
$152/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$66,000(-22.8%)
Key Takeaway
Homes in Lodi Township have sold for 22.8% less than they did a month ago.
Summary: The median home sold price in Lodi Township was $224,000 in October 2024, down 22.8% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $355K | $135K | -62.0% |
| 3 Bedrooms | $142K | $242.5K | +70.8% |
| 4 Bedrooms | $290K | $292.5K | +0.9% |
| 5+ Bedrooms | - | $124K | N/A |
Summary: Lodi Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 62%, 3 bedroom homes increased by 70.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes did not change.
Housing Supply in Lodi Township, OH
How many homes are available in Lodi Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Summary: The Lodi Township real estate market had 22 homes for sale in October 2024, a 15.8% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lodi 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 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 11 | +266.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lodi Township, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Lodi Township in October 2024, up by 266.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Lodi Township, OH
How long does it take to sell a home in Lodi Township, OH?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 41 Days | +130.8% |
Summary: Homes in Lodi Township had an average of 41 days on market in Oct 2024, up by 130.8% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lodi Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Lodi Township; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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