Is Spring Valley Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Spring Valley Township was a Seller's Market.
Key Takeaway
Spring Valley Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Spring Valley Township, OH
How much do homes in Spring Valley Township, OH cost?
Median Sold Price
$307,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Spring Valley Township have sold for 19.1% less than they did a year ago.
Summary: The median home sold price in Spring Valley Township was $307,500 in May 2024, down 19.1% 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 | $237K | $169.9K | -28.3% |
| 3 Bedrooms | $325K | $235K | -27.7% |
| 4 Bedrooms | $407.5K | $559.9K | +37.4% |
| 5+ Bedrooms | $639.4K | $665K | +4.0% |
Summary: Spring Valley 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 decreased by 28.3%, 3 bedroom homes decreased by 27.7%, 4 bedroom homes increased by 37.4%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
| Caesarscreek Township | $275K | $412.5K | +50.0% |
| Sugarcreek Township | $433.5K | $464.6K | +7.2% |
| Xenia | $208.2K | $206.2K | -0.9% |
| Spring Valley Township | $380K | $307.5K | -19.1% |
| Spring Valley | $427.5K | $307.5K | -28.1% |
Housing Supply in Spring Valley Township, OH
How many homes are available in Spring Valley Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Summary: The Spring Valley Township real estate market had 9 homes for sale in May 2024, a 80.0% 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 | 1 | +100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Spring Valley 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Valley Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Spring Valley Township in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Spring Valley Township, OH
How long does it take to sell a home in Spring Valley Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 50 Days | +56.3% |
Summary: Homes in Spring Valley Township had an average of 50 days on market in May 2024, up by 56.3% 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 Spring Valley Township has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Spring Valley 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.
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