Is Reading Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Reading Township has remained a Seller's Market.
Housing Prices in Reading Township, OH
How much do homes in Reading Township, OH cost?
Median Sold Price
$308,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Reading Township was $308,500 in May 2024, up 14.1% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $205.2K | $279.9K | +36.4% |
3 Bedrooms | $259.5K | $269.5K | +3.9% |
4 Bedrooms | $353.2K | $355K | 0.5% |
5+ Bedrooms | $493K | $337.5K | -31.5% |
Summary: Reading Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 31.5%.
Median Sold Price Compared To Nearby Cities
Somerset | $237K | $300K | +26.6% |
Reading Township | $270.4K | $308.5K | +14.1% |
Rush Creek Township | $271.4K | $295K | +8.7% |
Housing Supply in Reading Township, OH
How many homes are available in Reading Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Summary: The Reading Township real estate market had 18 homes for sale in May 2024, a 38.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Reading Township housing inventory by bedroom type for May 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 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Reading Township in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
4 Days | 31 Days | +623.1% |
Summary: Homes in Reading Township had an average of 31 days on market in May 2024, up by 623.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Reading Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.