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 October 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

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$20,250(-11.4%)

Key Takeaway

Homes in Newberry Township have sold for 11.4% less than they did a year ago.

Summary: The median home sold price in Newberry Township was $157,750 in October 2024, down 11.4% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$119.9K
N/A
2 $60K$152.4K
+154.1%
3 $190K$164.2K
-13.6%
4 $200K$205K
+2.5%
5+ $297K$217.5K
-26.8%

Summary: Newberry 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 increased by 154.1%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 26.8%.

Median Sold Price Compared To Nearby Cities

Covington
-7.2%
Newberry Township
-11.4%

Housing Supply in Newberry Township, OH

How many homes are available in Newberry Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1416+14.3%

Summary: The Newberry Township real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 87
-12.5%
4 46
+50.0%
5+ 01
+100.0%

Summary: The Newberry 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newberry Township, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Newberry Township in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% 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 16 Days Ago

Newest Listings in Newberry Township, OH

Nearby Markets to Newberry Township, OH