$6,828 Closing Credit*
$575,000
1,192 SqFt
6 Beds
•2 Full Baths
Jason Black, Listing Office: William Zamarelli, Inc.
Is Morgan Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Morgan Township has remained a Seller's Market.
Key Takeaway
Morgan Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Morgan Township, OH
How much do homes in Morgan Township, OH cost?
Median Sold Price
$269,500
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,600(+22.6%)
Key Takeaway
Homes in Morgan Township have sold for 22.6% more than they did a year ago.
Summary: The median home sold price in Morgan Township was $269,500 in October 2024, up 22.6% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $420K | N/A |
| 2 Bedrooms | $219.9K | $100K | -54.5% |
| 3 Bedrooms | $195K | $249K | +27.7% |
| 4 Bedrooms | $290K | $297K | +2.4% |
| 5+ Bedrooms | - | $373K | N/A |
Summary: Morgan Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 54.5%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Rock Creek | $195K | $329.9K | +69.2% |
| Morgan Township | $219.9K | $269.5K | +22.6% |
| Roaming Shores | $254K | $290K | +14.2% |
Housing Supply in Morgan Township, OH
How many homes are available in Morgan Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Morgan Township real estate market had 18 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Morgan Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was 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. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Morgan Township in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 38 Days | -29.6% |
Summary: Homes in Morgan Township had an average of 38 days on market in Oct 2024, down by 29.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Morgan Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Morgan 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.
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