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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Swanton Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Swanton Township, OH

How much do homes in Swanton Township, OH cost?

Median Sold Price

$269,500

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$54,500(+25.3%)

Key Takeaway

Homes in Swanton Township have sold for 25.3% more than they did a year ago.

Summary: The median home sold price in Swanton Township was $269,500 in October 2024, up 25.3% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $74.2K-
N/A
2 $183.9K$151.8K
-17.5%
3 $212K$274K
+29.2%
4 $246.5K$312K
+26.6%
5+ $390K$337.5K
-13.5%

Summary: Swanton 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 decreased by 17.5%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Cities

Swan Creek Township
+34.2%
Swanton
+26.2%
Swanton Township
+25.3%
Whitehouse
+14.3%

Housing Supply in Swanton Township, OH

How many homes are available in Swanton Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3637+2.8%

Summary: The Swanton Township real estate market had 37 homes for sale in October 2024, a 2.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2627
+3.8%
4 55
0.0%
5+ 00
0.0%

Summary: The Swanton 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 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
990.0%

Asking Price vs. Sold Price

4 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 Swanton Township, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Swanton Township in October 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.

Days on Market for Swanton Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days51 Days+6.5%

Summary: Homes in Swanton Township had an average of 51 days on market in Oct 2024, up by 6.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 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 Swanton Township has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Swanton Township; 33% of homes were sold within 30 days, 44% 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 17 Days Ago

Newest Listings in Swanton Township, OH

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What housing markets are near Swanton Township, OH?