$1,805 Closing Credit*
$152,000
2,220 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jay H Goodman, Listing Office: Harvey Goodman, REALTOR
Is Richland Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Richland Township was a Seller's Market.
Key Takeaway
Richland Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Richland Township, OH
How much do homes in Richland Township, OH cost?
Median Sold Price
$240,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+2.1%)
Key Takeaway
Homes in Richland Township have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Richland Township was $240,000 in October 2024, up 2.1% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145K | $184K | +26.9% |
| 3 Bedrooms | $216.9K | $225K | +3.7% |
| 4 Bedrooms | $271.9K | $289K | +6.3% |
| 5+ Bedrooms | $448.9K | $385K | -14.2% |
Summary: Richland 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 increased by 26.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 14.2%.
Median Sold Price Compared To Nearby Cities
| Saint Clairsville | $221.4K | $230K | +3.9% |
| Richland Township | $235K | $240K | +2.1% |
Housing Supply in Richland Township, OH
How many homes are available in Richland Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 72 | +7.5% |
Summary: The Richland Township real estate market had 72 homes for sale in October 2024, a 7.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 9 | +80.0% |
| 3 Bedrooms | 44 | 46 | +4.5% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Richland 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 increased by 80%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richland Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Richland Township in October 2024, down by 36.4% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Richland Township, OH
How long does it take to sell a home in Richland Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 69 Days | -3.1% |
Summary: Homes in Richland Township had an average of 69 days on market in Oct 2024, down by 3.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Richland Township has remained consistent over time.
Summary: During October 2024, 7 homes were sold in Richland Township; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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