Is Put-in-Bay Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Put-in-Bay Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Put-in-Bay Township has remained a Seller's Market.

Key Takeaway

Put-in-Bay Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Put-in-Bay Township, OH

How much do homes in Put-in-Bay Township, OH cost?

Median Sold Price

$382,500

$325/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,500(-4.4%)

Key Takeaway

Homes in Put-in-Bay Township have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Put-in-Bay Township was $382,500 in October 2024, down 4.4% from last year, and the median price per square foot was $325.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210K$287.5K
+36.9%
2 $270.5K$300K
+10.9%
3 $300K$485K
+61.7%
4 $1.0M$545K
-49.3%
5+ $582.5K$870K
+49.4%

Summary: Put-in-Bay Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.9%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 61.7%, 4 bedroom homes decreased by 49.3%, and 5+ bedroom homes increased by 49.4%.

Housing Supply in Put-in-Bay Township, OH

How many homes are available in Put-in-Bay Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
910+11.1%

Summary: The Put-in-Bay Township real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 57
+40.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Put-in-Bay 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 40%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Put-in-Bay Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Put-in-Bay Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Put-in-Bay Township, OH

How long does it take to sell a home in Put-in-Bay Township, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
105 Days93 Days-11.1%

Summary: Homes in Put-in-Bay Township had an average of 93 days on market in Oct 2024, down by 11.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Put-in-Bay Township has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Put-in-Bay Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

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