$4,334 Closing Credit*
$365,000
3,060 SqFt
3 Beds
•3 Full Baths
Rachel S Ketring, Listing Office: Keller Williams Greater Cleveland Northeast
Is Orwell Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Orwell Township has remained a Seller's Market.
Key Takeaway
Orwell Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orwell Township, OH
How much do homes in Orwell Township, OH cost?
Median Sold Price
$185,000
$103/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$43,000(-18.9%)
Key Takeaway
Homes in Orwell Township have sold for 18.9% less than they did a month ago.
Summary: The median home sold price in Orwell Township was $185,000 in October 2024, down 18.9% from last month, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $228K | $185K | -18.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Orwell 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 decreased by 18.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Orwell Township | $228K | $185K | -18.9% |
| Orwell | $228K | $185K | -18.9% |
Housing Supply in Orwell Township, OH
How many homes are available in Orwell Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Orwell Township real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Orwell 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 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Orwell 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 Orwell Township in October 2024, up by 50.0% 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 Orwell Township, OH
How long does it take to sell a home in Orwell Township, OH?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 48 Days | -22.6% |
Summary: Homes in Orwell Township had an average of 48 days on market in Oct 2024, down by 22.6% 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
Key Takeaway
Many homes in Orwell Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Orwell 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.
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