$1,366 Closing Credit*
$115,000
#224039260, Taryn L Hensel, Listing Office: RealtyOhio Real Estate
Is Marion Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Marion Township was a Seller's Market.
Key Takeaway
Marion Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marion Township, OH
How much do homes in Marion Township, OH cost?
Median Sold Price
$169,500
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,550(+9.4%)
Key Takeaway
Homes in Marion Township have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Marion Township was $169,500 in October 2024, up 9.4% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $43.5K | $72K | +65.5% |
| 2 Bedrooms | $114.5K | $128K | +11.8% |
| 3 Bedrooms | $150K | $162.2K | +8.2% |
| 4 Bedrooms | $197K | $232K | +17.8% |
| 5+ Bedrooms | $333.7K | $290K | -13.1% |
Summary: Marion Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.5%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 13.1%.
Housing Supply in Marion Township, OH
How many homes are available in Marion Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The Marion Township real estate market had 15 homes for sale in October 2024, a 21.1% decrease 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Marion 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 decreased by 33.3%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 Marion 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 Marion Township in October 2024, down by 50.0% 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 Marion Township, OH
How long does it take to sell a home in Marion Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 115 Days | +690.6% |
Summary: Homes in Marion Township had an average of 115 days on market in Oct 2024, up by 690.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Marion Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in Marion Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
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.