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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orange Township is a seller's market

Buyer's
Market

Difference Since November 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

$129,900

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,350(-10.6%)

Key Takeaway

Homes in Orange Township have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Orange Township was $129,900 in November 2024, down 10.6% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $76K-
N/A
2 $119.7K$150.5K
+25.7%
3 $186.5K$121.3K
-34.9%
4 $400K$242.4K
-39.4%
5+ --
N/A

Summary: Orange Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.7%, 3 bedroom homes decreased by 34.9%, 4 bedroom homes decreased by 39.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Monroe Township
+14.5%
Orange Township
-10.6%

Housing Supply in Orange Township, OH

How many homes are available in Orange Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
57+40.0%

Summary: The Orange Township real estate market had 7 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Orange 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 increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Orange Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Orange Township in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
53 Days31 Days-41.5%

Summary: Homes in Orange Township had an average of 31 days on market in Nov 2024, down by 41.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Orange Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Orange Township, OH

Nearby Markets to Orange Township, OH