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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waterville Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Waterville Township, OH

How much do homes in Waterville Township, OH cost?

Median Sold Price

$333,555

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,445(-8.4%)

Key Takeaway

Homes in Waterville Township have sold for 8.4% less than they did a year ago.

Summary: The median home sold price in Waterville Township was $333,555 in October 2024, down 8.4% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $222.5K$228.5K
+2.7%
3 $339.9K$311K
-8.5%
4 $400K$417.9K
+4.5%
5+ $575K$393.5K
-31.6%

Summary: Waterville 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 2.7%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 31.6%.

Median Sold Price Compared To Nearby Cities

Whitehouse
+14.3%
Providence Township
-3.2%
Waterville Township
-8.4%
Waterville
-11.2%

Housing Supply in Waterville Township, OH

How many homes are available in Waterville Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7572-4.0%

Summary: The Waterville Township real estate market had 72 homes for sale in October 2024, a 4.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 119
-18.2%
3 3526
-25.7%
4 2633
+26.9%
5+ 34
+33.3%

Summary: The Waterville 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 18.2%, 3 bedroom homes decreased by 25.7%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2720-25.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waterville Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Waterville Township in October 2024, down by 25.9% month-over-month. Of the 20 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Waterville Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
85 Days57 Days-33.3%

Summary: Homes in Waterville Township had an average of 57 days on market in Oct 2024, down by 33.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 20 homes were sold in Waterville Township; 15% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 15% 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 Waterville Township, OH

Nearby Markets to Waterville Township, OH

What housing markets are near Waterville Township, OH?