$3,086 Closing Credit*
$259,900
1,426 SqFt
3 Beds
•2 Full Baths
Robin L Gallagher, Listing Office: HomeSmart Real Estate Momentum LLC
Is Morgan 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, Morgan Township was a Seller's Market.
Key Takeaway
Morgan Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Morgan Township, OH
How much do homes in Morgan Township, OH cost?
Median Sold Price
$425,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$122,500(+40.5%)
Key Takeaway
Homes in Morgan Township have sold for 40.5% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $374.5K | - | N/A |
| 4 Bedrooms | $315K | $425K | +34.9% |
| 5+ Bedrooms | $290K | - | N/A |
Summary: Morgan Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 34.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Roaming Shores | $290K | $425K | +46.6% |
| Morgan Township | $302.5K | $425K | +40.5% |
| Rock Creek | $395K | $437.5K | +10.8% |
Housing Supply in Morgan Township, OH
How many homes are available in Morgan Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The Morgan Township real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Morgan 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 increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Morgan Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Morgan Township in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Morgan Township, OH
How long does it take to sell a home in Morgan Township, OH?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 190 Days | +393.5% |
Summary: Homes in Morgan Township had an average of 190 days on market in Nov 2024, up by 393.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Morgan Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Morgan 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.
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