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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perkins Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Perkins Township, OH

How much do homes in Perkins Township, OH cost?

Median Sold Price

$241,750

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,750(+15.1%)

Key Takeaway

Homes in Perkins Township have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in Perkins Township was $241,750 in October 2024, up 15.1% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $27.3K$13.6K
-50.2%
2 $144K$115.9K
-19.5%
3 $205K$225K
+9.8%
4 $316.7K$271.7K
-14.2%
5+ $589K$470K
-20.2%

Summary: Perkins Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.2%, 2 bedroom homes decreased by 19.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes decreased by 20.2%.

Median Sold Price Compared To Nearby Cities

Margaretta Township
+23.0%
Sandusky
+15.3%
Perkins Township
+15.1%
Oxford Township
+11.3%
Huron Township
+6.0%

Housing Supply in Perkins Township, OH

How many homes are available in Perkins Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4349+14.0%

Summary: The Perkins Township real estate market had 49 homes for sale in October 2024, a 14.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 1721
+23.5%
4 1616
0.0%
5+ 55
0.0%

Summary: The Perkins 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 40%, 3 bedroom homes increased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
517+240.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perkins Township, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Perkins Township in October 2024, up by 240.0% month-over-month. Of the 17 sold homes, 65% were sold under asking, 6% were sold at asking, and 29% were sold over asking.

Days on Market for Perkins Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days57 Days+37.7%

Summary: Homes in Perkins Township had an average of 57 days on market in Oct 2024, up by 37.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 17 homes were sold in Perkins Township; 24% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 24% 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 Perkins Township, OH

Nearby Markets to Perkins Township, OH

What housing markets are near Perkins Township, OH?