$3,859 Closing Credit*
$325,000
3 Beds
•2 Full Baths
Patrick Tenoever, Listing Office: Sibcy Cline, Inc.
Is West Chester Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Chester Township has remained a Seller's Market.
Key Takeaway
West Chester Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Chester Township, OH
How much do homes in West Chester Township, OH cost?
Median Sold Price
$390,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,000(-6.0%)
Key Takeaway
Homes in West Chester Township have sold for 6% less than they did a year ago.
Summary: The median home sold price in West Chester Township was $390,000 in October 2024, down 6% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | - | N/A |
| 2 Bedrooms | $182K | $195K | +7.1% |
| 3 Bedrooms | $335K | $342.5K | +2.2% |
| 4 Bedrooms | $450K | $420K | -6.7% |
| 5+ Bedrooms | $683.1K | $549K | -19.6% |
Summary: West Chester 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 7.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 19.6%.
Median Sold Price Compared To Nearby Cities
| Liberty Township | $432.5K | $464K | +7.3% |
| Deerfield Township | $427.9K | $415K | -3.0% |
| West Chester Township | $415K | $390K | -6.0% |
| West Chester | $430K | $390K | -9.3% |
Housing Supply in West Chester Township, OH
How many homes are available in West Chester Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 44 | +18.9% |
Summary: The West Chester Township real estate market had 44 homes for sale in October 2024, a 18.9% 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 | 1 | 5 | +400.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The West Chester 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 400%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 17 | +112.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Chester Township, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in West Chester Township in October 2024, up by 112.5% month-over-month. Of the 17 sold homes, 76% were sold under asking, 6% were sold at asking, and 18% were sold over asking.
Days on Market for West Chester Township, OH
How long does it take to sell a home in West Chester Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 25 Days | +1150.0% |
Summary: Homes in West Chester Township had an average of 25 days on market in Oct 2024, up by 1150% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Chester Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in West Chester Township; 24% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.