$398,000
3.47 Acres
Land
#224033790, Lori Lynn, Listing Office: Keller Williams Consultants
Is Orange 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, Orange Township has remained a Seller's Market.
Key Takeaway
Orange Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orange Township, OH
How much do homes in Orange Township, OH cost?
Median Sold Price
$543,450
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,950(+6.5%)
Key Takeaway
Homes in Orange Township have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Orange Township was $543,450 in October 2024, up 6.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $308K | $316.9K | +2.9% |
| 3 Bedrooms | $415.7K | $426.1K | +2.5% |
| 4 Bedrooms | $579.5K | $580K | 0.1% |
| 5+ Bedrooms | $707K | $735.8K | +4.1% |
Summary: Orange 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 2.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
| Lewis Center | $489.3K | $532K | +8.7% |
| Orange Township | $510.5K | $543.4K | +6.5% |
Housing Supply in Orange Township, OH
How many homes are available in Orange Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Summary: The Orange Township real estate market had 13 homes for sale in October 2024, a 27.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Orange 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 decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Orange Township in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Orange Township, OH
How long does it take to sell a home in Orange Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 87 Days | +335.9% |
Summary: Homes in Orange Township had an average of 87 days on market in Oct 2024, up by 335.9% compared to last year.
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
Key Takeaway
Many homes in Orange Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Orange 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.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.