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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pierce Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Pierce Township, OH

How much do homes in Pierce Township, OH cost?

Median Sold Price

$280,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,000(+8.1%)

Key Takeaway

Homes in Pierce Township have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Pierce Township was $280,000 in October 2024, up 8.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $142.5K$224K
+57.2%
3 $259K$245K
-5.4%
4 $411K$565K
+37.5%
5+ $482K$645K
+33.8%

Summary: Pierce 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 increased by 57.2%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 33.8%.

Median Sold Price Compared To Nearby Cities

Batavia Township
+23.2%
Amelia
+13.5%
Pierce Township
+8.1%

Housing Supply in Pierce Township, OH

How many homes are available in Pierce Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
39+200.0%

Summary: The Pierce Township real estate market had 9 homes for sale in October 2024, a 200.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 13
+200.0%
4 24
+100.0%
5+ 00
0.0%

Summary: The Pierce 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 100%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pierce Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Pierce Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pierce Township, OH

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

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 Pierce Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Pierce Township; 67% 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 20 Days Ago

Newest Listings in Pierce Township, OH

Nearby Markets to Pierce Township, OH

What housing markets are near Pierce Township, OH?