$4,334 Closing Credit*
$365,000
2,406 SqFt
3 Beds
•2 Full Baths, 1 Partial
Aaron Peterson, Listing Office: SOGO Homes LLC
Is Wellington Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Wellington Township was a Seller's Market.
Key Takeaway
Wellington Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Wellington Township, OH
How much do homes in Wellington Township, OH cost?
Median Sold Price
$235,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,750(-2.4%)
Key Takeaway
Homes in Wellington Township have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Wellington Township was $235,000 in October 2024, down 2.4% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $436K | $141K | -67.7% |
| 2 Bedrooms | $152.5K | $165K | +8.2% |
| 3 Bedrooms | $236K | $230K | -2.5% |
| 4 Bedrooms | $323K | $317.9K | -1.6% |
| 5+ Bedrooms | $180K | $427.4K | +137.5% |
Summary: Wellington Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.7%, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 137.5%.
Median Sold Price Compared To Nearby Cities
| LaGrange Township | $255K | $262K | +2.7% |
| Wellington Township | $240.7K | $235K | -2.4% |
| Wellington | $240.7K | $235K | -2.4% |
Housing Supply in Wellington Township, OH
How many homes are available in Wellington Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 39 | +5.4% |
Summary: The Wellington Township real estate market had 39 homes for sale in October 2024, a 5.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Wellington 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 66.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wellington Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Wellington Township in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Wellington Township, OH
How long does it take to sell a home in Wellington Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 39 Days | +89.6% |
Summary: Homes in Wellington Township had an average of 39 days on market in Oct 2024, up by 89.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wellington Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Wellington Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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