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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tiffin Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Tiffin Township, OH

How much do homes in Tiffin Township, OH cost?

Median Sold Price

$175,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,550(+12.6%)

Key Takeaway

Homes in Tiffin Township have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Tiffin Township was $175,000 in October 2024, up 12.6% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K-
N/A
2 $144K$139.5K
-3.1%
3 $155K$171.9K
+10.9%
4 $206K$281K
+36.4%
5+ $145K$225K
+55.2%

Summary: Tiffin 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 3.1%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 55.2%.

Housing Supply in Tiffin Township, OH

How many homes are available in Tiffin Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
73730.0%

Summary: The Tiffin Township real estate market had 73 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 1521
+40.0%
3 3635
-2.8%
4 1812
-33.3%
5+ 45
+25.0%

Summary: The Tiffin 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 increased by 40%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1816-11.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tiffin Township, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Tiffin Township in October 2024, down by 11.1% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.

Days on Market for Tiffin Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days37 Days-13.0%

Summary: Homes in Tiffin Township had an average of 37 days on market in Oct 2024, down by 13% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 16 homes were sold in Tiffin Township; 44% of homes were sold within 30 days, 56% 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 20 Days Ago

Newest Listings in Tiffin Township, OH

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