$3,503 Closing Credit*
$295,000
1,531 SqFt
3 Beds
•2 Full Baths
Stephanie Fresh, Listing Office: Berkshire Hathaway The Preferred Realty
Is Ohio Township, PA 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, Ohio Township has remained a Seller's Market.
Key Takeaway
Ohio Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ohio Township, PA
How much do homes in Ohio Township, PA cost?
Median Sold Price
$459,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,999(+2.5%)
Key Takeaway
Homes in Ohio Township have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Ohio Township was $459,000 in October 2024, up 2.5% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $355.8K | $445K | +25.0% |
| 3 Bedrooms | $425.7K | $411K | -3.5% |
| 4 Bedrooms | $600K | $530K | -11.7% |
| 5+ Bedrooms | - | $728K | N/A |
Summary: Ohio 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 25%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Franklin Park | $487.2K | $554.9K | +13.9% |
| Ross Township | $268.2K | $279.7K | +4.3% |
| Ohio Township | $448K | $459K | +2.5% |
Housing Supply in Ohio Township, PA
How many homes are available in Ohio Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Summary: The Ohio Township real estate market had 21 homes for sale in October 2024, a 31.3% 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 | 4 | 6 | +50.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Ohio 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ohio Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Ohio Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Ohio Township, PA
How long does it take to sell a home in Ohio Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 37 Days | -36.9% |
Summary: Homes in Ohio Township had an average of 37 days on market in Oct 2024, down by 36.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ohio Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Ohio Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
