$561 Closing Credit*
$47,250
1,140 SqFt
1 Bed
•1 Full Bath
Listing Office: iLink Real Estate Company, LLC
Is Margaretta Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Margaretta Township has remained a Seller's Market.
Key Takeaway
Margaretta Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Margaretta Township, OH
How much do homes in Margaretta Township, OH cost?
Median Sold Price
$216,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,500(+23.0%)
Key Takeaway
Homes in Margaretta Township have sold for 23% more than they did a year ago.
Summary: The median home sold price in Margaretta Township was $216,500 in November 2024, up 23% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $149.2K | $142.5K | -4.5% |
| 3 Bedrooms | $185K | $205K | +10.8% |
| 4 Bedrooms | $191.5K | $270K | +41.0% |
| 5+ Bedrooms | $132K | - | N/A |
Summary: Margaretta 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 4.5%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 41%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Margaretta Township | $176K | $216.5K | +23.0% |
| Sandusky | $150K | $173.2K | +15.5% |
| Castalia | $220K | $226K | +2.7% |
Housing Supply in Margaretta Township, OH
How many homes are available in Margaretta Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Summary: The Margaretta Township real estate market had 10 homes for sale in November 2024, a 28.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Margaretta Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Margaretta Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Margaretta Township in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Margaretta Township, OH
How long does it take to sell a home in Margaretta Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 48 Days | -43.5% |
Summary: Homes in Margaretta Township had an average of 48 days on market in Nov 2024, down by 43.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Margaretta Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Margaretta Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.