$7,659 Closing Credit*
$645,000
4 Beds
•2 Full Baths
Linda J Reibenstein, Listing Office: RE/MAX Edge Realty
Is South Bloomfield 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, South Bloomfield Township was a Buyer's Market.
Key Takeaway
South Bloomfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Bloomfield Township, OH
How much do homes in South Bloomfield Township, OH cost?
Median Sold Price
$297,200
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,200(+6.1%)
Key Takeaway
Homes in South Bloomfield Township have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in South Bloomfield Township was $297,200 in October 2024, up 6.1% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $45K | $82K | +82.2% |
| 3 Bedrooms | $275K | $254.9K | -7.3% |
| 4 Bedrooms | $340K | $347.9K | +2.3% |
| 5+ Bedrooms | $260K | - | N/A |
Summary: South Bloomfield 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 82.2%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes did not change.
Housing Supply in South Bloomfield Township, OH
How many homes are available in South Bloomfield Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The South Bloomfield Township real estate market had 3 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Bloomfield 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Bloomfield Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in South Bloomfield Township in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for South Bloomfield Township, OH
How long does it take to sell a home in South Bloomfield Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 75 Days | +29.3% |
Summary: Homes in South Bloomfield Township had an average of 75 days on market in Oct 2024, up by 29.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Bloomfield Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in South Bloomfield Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.