Is Montgomery Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Montgomery Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Montgomery Township has remained a Seller's Market.

Key Takeaway

Montgomery Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Montgomery Township, OH

How much do homes in Montgomery Township, OH cost?

Median Sold Price

$160,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,000(-5.9%)

Key Takeaway

Homes in Montgomery Township have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in Montgomery Township was $160,000 in November 2024, down 5.9% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $40K-
N/A
2 $122.2K$137.7K
+12.7%
3 $156.2K$164K
+5.0%
4 $275K$417.5K
+51.8%
5+ $1.2M-
N/A

Summary: Montgomery 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 increased by 12.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 51.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Perry Township
+15.3%
Montgomery Township
-5.9%

Housing Supply in Montgomery Township, OH

How many homes are available in Montgomery Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
94-55.6%

Summary: The Montgomery Township real estate market had 4 homes for sale in November 2024, a 55.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 52
-60.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Montgomery 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 decreased by 50%, 3 bedroom homes decreased by 60%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

Days on Market for Montgomery Township, OH

How long does it take to sell a home in Montgomery Township, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days30 Days-26.8%

Summary: Homes in Montgomery Township had an average of 30 days on market in Nov 2024, down by 26.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Montgomery Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Montgomery Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Montgomery Township, OH

Nearby Markets to Montgomery Township, OH