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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Urbana Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Urbana Township, OH

How much do homes in Urbana Township, OH cost?

Median Sold Price

$200,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,500(-1.7%)

Key Takeaway

Homes in Urbana Township have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Urbana Township was $200,000 in October 2024, down 1.7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $113K$195.2K
+72.8%
2 $163K$165.9K
+1.8%
3 $215K$206K
-4.2%
4 $325K$280K
-13.8%
5+ $327.5K$446K
+36.2%

Summary: Urbana Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.8%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 36.2%.

Median Sold Price Compared To Nearby Cities

Salem Township
+8.8%
Urbana
0.2%
Urbana Township
-1.7%

Housing Supply in Urbana Township, OH

How many homes are available in Urbana Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3230-6.3%

Summary: The Urbana Township real estate market had 30 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 96
-33.3%
3 1616
0.0%
4 57
+40.0%
5+ 21
-50.0%

Summary: The Urbana 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Urbana Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Urbana Township in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Urbana Township, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Urbana Township, OH

Nearby Markets to Urbana Township, OH

What housing markets are near Urbana Township, OH?