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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weathersfield Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Weathersfield Township, OH

How much do homes in Weathersfield Township, OH cost?

Median Sold Price

$142,500

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,550(+20.8%)

Key Takeaway

Homes in Weathersfield Township have sold for 20.8% more than they did a year ago.

Summary: The median home sold price in Weathersfield Township was $142,500 in October 2024, up 20.8% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$40K
N/A
2 $89.9K$80K
-11.1%
3 $130K$150K
+15.4%
4 $133.5K$176.5K
+32.2%
5+ $164.9K$225.2K
+36.6%

Summary: Weathersfield 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 11.1%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 32.2%, and 5+ bedroom homes increased by 36.6%.

Median Sold Price Compared To Nearby Cities

Niles
+22.8%
Mineral Ridge
+21.1%
Weathersfield Township
+20.8%

Housing Supply in Weathersfield Township, OH

How many homes are available in Weathersfield Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8373-12.0%

Summary: The Weathersfield Township real estate market had 73 homes for sale in October 2024, a 12.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1612
-25.0%
3 5143
-15.7%
4 1414
0.0%
5+ 24
+100.0%

Summary: The Weathersfield 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 25%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2117-19.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weathersfield Township, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Weathersfield Township in October 2024, down by 19.0% month-over-month. Of the 17 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.

Days on Market for Weathersfield Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days38 Days-6.8%

Summary: Homes in Weathersfield Township had an average of 38 days on market in Oct 2024, down by 6.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 17 homes were sold in Weathersfield Township; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% 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 16 Days Ago

Newest Listings in Weathersfield Township, OH

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