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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Chester Township is a seller's market

Buyer's
Market

Difference Since November 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

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 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 November 2024, down 6% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $137K-
N/A
2 $185K$208K
+12.4%
3 $335K$330K
-1.5%
4 $450.5K$430K
-4.6%
5+ $667.5K$543K
-18.7%

Summary: West Chester Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 18.7%.

Median Sold Price Compared To Nearby Cities

Deerfield Township
+9.2%
Liberty Township
+7.1%
West Chester Township
-6.0%
West Chester
-9.3%

Housing Supply in West Chester Township, OH

How many homes are available in West Chester Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2821-25.0%

Summary: The West Chester Township real estate market had 21 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 86
-25.0%
4 1510
-33.3%
5+ 21
-50.0%

Summary: The West Chester 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 increased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Chester Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in West Chester Township in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for West Chester 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 20 Days Ago

Newest Listings in West Chester Township, OH

Nearby Markets to West Chester Township, OH

What housing markets are near West Chester Township, OH?