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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Silvercreek Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Silvercreek Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Silvercreek Township, OH

How much do homes in Silvercreek Township, OH cost?

Median Sold Price

$185,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$14,500(-7.3%)

Key Takeaway

Homes in Silvercreek Township have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Silvercreek Township was $185,000 in October 2024, down 7.3% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $325K$139K
-57.2%
2 $107.5K$158.9K
+47.8%
3 $217K$170K
-21.7%
4 $240K$289.9K
+20.8%
5+ $287K$152K
-47.0%

Summary: Silvercreek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.2%, 2 bedroom homes increased by 47.8%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes decreased by 47%.

Median Sold Price Compared To Nearby Cities

New Jasper Township
+14.4%
Jamestown
+11.4%
Jefferson Township
-3.6%
Silvercreek Township
-7.3%

Housing Supply in Silvercreek Township, OH

How many homes are available in Silvercreek Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
16160.0%

Summary: The Silvercreek Township real estate market had 16 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 79
+28.6%
4 75
-28.6%
5+ 11
0.0%

Summary: The Silvercreek 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 28.6%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

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 Silvercreek 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 Silvercreek Township in October 2024, down by 25.0% 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 Silvercreek Township, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Silvercreek Township, OH

Nearby Markets to Silvercreek Township, OH