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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkman Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Parkman Township, OH

How much do homes in Parkman Township, OH cost?

Median Sold Price

$395,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$75,000(+23.4%)

Key Takeaway

Homes in Parkman Township have sold for 23.4% more than they did a year ago.

Summary: The median home sold price in Parkman Township was $395,000 in October 2024, up 23.4% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$298.5K
N/A
3 $222.5K$416K
+87.0%
4 $363.5K$297.2K
-18.2%
5+ $1.1M$713.5K
-40.4%

Summary: Parkman 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 did not change, 3 bedroom homes increased by 87%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 40.4%.

Median Sold Price Compared To Nearby Cities

Parkman Township
+23.4%
Nelson Township
+10.4%
Middlefield Township
+1.0%

Housing Supply in Parkman Township, OH

How many homes are available in Parkman Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Parkman Township real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Parkman 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parkman Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Parkman Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Parkman Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days3 Days-92.8%

Summary: Homes in Parkman Township had an average of 3 days on market in Oct 2024, down by 92.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Parkman Township; 100% of homes were sold within 30 days, 0% 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 24 Days Ago

Newest Listings in Parkman Township, OH

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