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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thompson Township is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Thompson Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Thompson Township, OH

How much do homes in Thompson Township, OH cost?

Median Sold Price

$275,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,000(-12.7%)

Key Takeaway

Homes in Thompson Township have sold for 12.7% less than they did a year ago.

Summary: The median home sold price in Thompson Township was $275,000 in October 2024, down 12.7% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $189K$256K
+35.4%
3 $312.5K$279K
-10.7%
4 $334K$178K
-46.7%
5+ $360.5K$457.5K
+26.9%

Summary: Thompson 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 35.4%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 46.7%, and 5+ bedroom homes increased by 26.9%.

Median Sold Price Compared To Nearby Cities

Bellevue
0.1%
Bellevue
0.0%
Thompson Township
-12.7%
York Township
-14.6%

Housing Supply in Thompson Township, OH

How many homes are available in Thompson Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Thompson Township real estate market had 11 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 00
0.0%
3 109
-10.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Thompson 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 decreased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thompson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Thompson Township in October 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Thompson Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days33 Days+1025.0%

Summary: Homes in Thompson Township had an average of 33 days on market in Oct 2024, up by 1025% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Thompson Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Thompson Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 Thompson Township, OH

Nearby Markets to Thompson Township, OH

What housing markets are near Thompson Township, OH?