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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reading Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Reading Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Reading Township, OH

How much do homes in Reading Township, OH cost?

Median Sold Price

$195,000

$144/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$130,000(-40.0%)

Key Takeaway

Homes in Reading Township have sold for 40% less than they did a month ago.

Summary: The median home sold price in Reading Township was $195,000 in December 2024, down 40% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $325K$199.5K
-38.6%
4 $420K-
N/A
5+ -$80K
N/A

Summary: Reading Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 38.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Reading Township
-40.0%
Richland Township
-74.4%
Somerset
-75.4%

Housing Supply in Reading Township, OH

How many homes are available in Reading Township, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
98-11.1%

Summary: The Reading Township real estate market had 8 homes for sale in December 2024, a 11.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 31
-66.7%
5+ 12
+100.0%

Summary: The Reading Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

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 Reading 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 Reading Township in December 2024, the same as the previous 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 Reading Township, OH

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

Average Sale Time

Nov 2024Dec 2024CHANGE
54 Days23 Days-57.3%

Summary: Homes in Reading Township had an average of 23 days on market in Dec 2024, down by 57.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Reading Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Reading Township; 67% of homes were sold within 30 days, 33% 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 4 Days Ago

Newest Listings in Reading Township, OH

Nearby Markets to Reading Township, OH

What housing markets are near Reading Township, OH?