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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, North Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in North Township, OH

How much do homes in North Township, OH cost?

Median Sold Price

$100,000

$71/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$9,000(+9.9%)

Key Takeaway

Homes in North Township have sold for 9.9% more than they did a month ago.

Summary: The median home sold price in North Township was $100,000 in October 2024, up 9.9% from last month, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $91K$99.5K
+9.3%
4 -$112K
N/A
5+ --
N/A

Summary: North Township housing prices by bedroom type for October 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 increased by 9.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Scio
+59.8%
North Township
+9.9%

Housing Supply in North Township, OH

How many homes are available in North Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1314+7.7%

Summary: The North Township real estate market had 14 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 66
0.0%
4 22
0.0%
5+ 22
0.0%

Summary: The North 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

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 North 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 North Township in October 2024, up by 200.0% 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 North Township, OH

How long does it take to sell a home in North Township, OH?

Average Sale Time

Sep 2024Oct 2024CHANGE
39 Days59 Days+51.3%

Summary: Homes in North Township had an average of 59 days on market in Oct 2024, up by 51.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in North Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

Newest Listings in North Township, OH

Nearby Markets to North Township, OH