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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pease Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pease Township was a Seller's Market.

Key Takeaway

Pease Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pease Township, OH

How much do homes in Pease Township, OH cost?

Median Sold Price

$100,000

$73/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+11.1%)

Key Takeaway

Homes in Pease Township have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Pease Township was $100,000 in October 2024, up 11.1% from last year, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $35K$60.4K
+72.8%
2 $69K$54.7K
-20.7%
3 $105K$131.2K
+25.0%
4 $105K$108.5K
+3.3%
5+ $130K$131.2K
+0.9%

Summary: Pease Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.8%, 2 bedroom homes decreased by 20.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

Pease Township
+11.1%
Martins Ferry
+10.0%
Bridgeport
0.0%

Housing Supply in Pease Township, OH

How many homes are available in Pease Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4355+27.9%

Summary: The Pease Township real estate market had 55 homes for sale in October 2024, a 27.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 2230
+36.4%
4 810
+25.0%
5+ 12
+100.0%

Summary: The Pease 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 8.3%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

6 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 Pease Township, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Pease Township in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Pease Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
71 Days46 Days-34.5%

Summary: Homes in Pease Township had an average of 46 days on market in Oct 2024, down by 34.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pease Township has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Pease Township; 29% of homes were sold within 30 days, 71% 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 20 Days Ago

Newest Listings in Pease Township, OH

Nearby Markets to Pease Township, OH

What housing markets are near Pease Township, OH?