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 November 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

$202,500

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,550(+0.8%)

Key Takeaway

Homes in Urbana Township have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Urbana Township was $202,500 in November 2024, up 0.8% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $124.5K$128K
+2.8%
2 $160K$167K
+4.4%
3 $215K$206K
-4.2%
4 $322.5K$287K
-11.0%
5+ $327.5K$446K
+36.2%

Summary: Urbana Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 36.2%.

Median Sold Price Compared To Nearby Cities

Union Township
+28.6%
Urbana
+1.9%
Urbana Township
+0.8%
Salem Township
-0.4%

Housing Supply in Urbana Township, OH

How many homes are available in Urbana Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3127-12.9%

Summary: The Urbana Township real estate market had 27 homes for sale in November 2024, a 12.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1715
-11.8%
4 77
0.0%
5+ 11
0.0%

Summary: The Urbana Township housing inventory by bedroom type for November 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 decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Urbana Township in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% 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 17 Days Ago

Newest Listings in Urbana Township, OH

Nearby Markets to Urbana Township, OH

What housing markets are near Urbana Township, OH?