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 November 2023

Since last year, 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

$300,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$13,500(-4.3%)

Key Takeaway

Homes in Reading Township have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Reading Township was $300,000 in November 2024, down 4.3% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $209.9K-
N/A
3 $310K$274.9K
-11.3%
4 $355K$325K
-8.5%
5+ $337.5K$390K
+15.6%

Summary: Reading Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.3%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 15.6%.

Median Sold Price Compared To Nearby Cities

Somerset
-3.0%
Reading Township
-4.3%

Housing Supply in Reading Township, OH

How many homes are available in Reading Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The Reading Township real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Reading Township housing inventory by bedroom type for November 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Reading Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Reading Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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 2023Nov 2024CHANGE
69 Days75 Days+8.6%

Summary: Homes in Reading Township had an average of 75 days on market in Nov 2024, up by 8.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 2 homes were sold in Reading Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in Reading Township, OH

Nearby Markets to Reading Township, OH

What housing markets are near Reading Township, OH?