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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newberry Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Newberry Township, OH

How much do homes in Newberry Township, OH cost?

Median Sold Price

$157,750

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,150(-10.3%)

Key Takeaway

Homes in Newberry Township have sold for 10.3% less than they did a year ago.

Summary: The median home sold price in Newberry Township was $157,750 in November 2024, down 10.3% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $60K$179.9K
+199.8%
2 $119K$154.9K
+30.2%
3 $175.9K$152.5K
-13.3%
4 $210K$205K
-2.4%
5+ $445K$200.2K
-55.0%

Summary: Newberry Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 199.8%, 2 bedroom homes increased by 30.2%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 55%.

Median Sold Price Compared To Nearby Cities

Bradford
+24.1%
Bradford
+22.0%
Covington
-7.2%
Newberry Township
-10.3%

Housing Supply in Newberry Township, OH

How many homes are available in Newberry Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1610-37.5%

Summary: The Newberry Township real estate market had 10 homes for sale in November 2024, a 37.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 74
-42.9%
4 64
-33.3%
5+ 10
-100.0%

Summary: The Newberry 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 remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newberry Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Newberry Township in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Newberry Township, OH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Newberry Township, OH

Nearby Markets to Newberry Township, OH