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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugar Creek Township is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Sugar Creek Township, OH

How much do homes in Sugar Creek Township, OH cost?

Median Sold Price

$188,500

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$21,750(+13.0%)

Key Takeaway

Homes in Sugar Creek Township have sold for 13% more than they did a year ago.

Summary: The median home sold price in Sugar Creek Township was $188,500 in December 2024, up 13% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$100K
N/A
2 $129.4K$150K
+15.9%
3 $183K$187.5K
+2.5%
4 $164K$232K
+41.5%
5+ $350K$187K
-46.6%

Summary: Sugar Creek Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 41.5%, and 5+ bedroom homes decreased by 46.6%.

Median Sold Price Compared To Nearby Cities

Beach City
+29.1%
Sugar Creek Township
+13.0%

Housing Supply in Sugar Creek Township, OH

How many homes are available in Sugar Creek Township, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1715-11.8%

Summary: The Sugar Creek Township real estate market had 15 homes for sale in December 2024, a 11.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 108
-20.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Sugar Creek Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sugar Creek Township, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Sugar Creek Township in December 2024, up by 200.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.

Days on Market for Sugar Creek Township, OH

How long does it take to sell a home in Sugar Creek Township, OH?

Average Sale Time

Dec 2023Dec 2024CHANGE
24 Days62 Days+159.3%

Summary: Homes in Sugar Creek Township had an average of 62 days on market in Dec 2024, up by 159.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sugar Creek Township has remained consistent over time.

Summary: During December 2024, 9 homes were sold in Sugar Creek Township; 11% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 22% 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 4 Days Ago

Newest Listings in Sugar Creek Township, OH

Nearby Markets to Sugar Creek Township, OH

What housing markets are near Sugar Creek Township, OH?