$194,900
5.00 Acres
Land
Listing Office: Howard Hanna
Is Providence Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Providence Township has remained a Seller's Market.
Key Takeaway
Providence Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Providence Township, OH
How much do homes in Providence Township, OH cost?
Median Sold Price
$332,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,000(-3.2%)
Key Takeaway
Homes in Providence Township have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Providence Township was $332,500 in October 2024, down 3.2% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.7K | $95K | -19.3% |
| 3 Bedrooms | $366.9K | $260K | -29.1% |
| 4 Bedrooms | $326K | $500K | +53.4% |
| 5+ Bedrooms | $345K | $451K | +30.7% |
Summary: Providence 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 decreased by 19.3%, 3 bedroom homes decreased by 29.1%, 4 bedroom homes increased by 53.4%, and 5+ bedroom homes increased by 30.7%.
Median Sold Price Compared To Nearby Cities
| Grand Rapids | $229.9K | $224.5K | -2.3% |
| Grand Rapids Township | $229.9K | $224.5K | -2.3% |
| Providence Township | $343.5K | $332.5K | -3.2% |
Housing Supply in Providence Township, OH
How many homes are available in Providence Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The Providence Township real estate market had 4 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 4 | +300.0% |
| 4 Bedrooms | 3 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Providence 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 increased by 300%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Providence Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Providence Township in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Providence Township, OH
How long does it take to sell a home in Providence Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 105 Days | 141 Days | +33.6% |
Summary: Homes in Providence Township had an average of 141 days on market in Oct 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Providence Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Providence Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.