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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Newton Township, OH

How much do homes in Newton Township, OH cost?

Median Sold Price

$219,900

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,900(+7.3%)

Key Takeaway

Homes in Newton Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Newton Township was $219,900 in October 2024, up 7.3% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $145K$135K
-6.9%
3 $205K$219.9K
+7.3%
4 $210K$290K
+38.1%
5+ -$230K
N/A

Summary: Newton 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 6.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 38.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union Township
+14.1%
Newton Township
+7.3%
Newberry Township
-11.4%

Housing Supply in Newton Township, OH

How many homes are available in Newton Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The Newton Township real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 46
+50.0%
4 33
0.0%
5+ 10
-100.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Newton Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Newton 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 Newton Township, OH

Nearby Markets to Newton Township, OH

What housing markets are near Newton Township, OH?