Is Chippewa Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chippewa Township has remained a Seller's Market.
Housing Prices in Chippewa Township, OH
How much do homes in Chippewa Township, OH cost?
Median Sold Price
$263,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chippewa Township was $263,000 in May 2024, up 7.3% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $120K | N/A |
2 Bedrooms | $155.7K | $98.5K | -36.7% |
3 Bedrooms | $245K | $266K | +8.6% |
4 Bedrooms | $323.5K | $375K | +15.9% |
5+ Bedrooms | $414.9K | $331.2K | -20.2% |
Summary: Chippewa Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes decreased by 20.2%.
Median Sold Price Compared To Nearby Cities
Rittman | $150K | $185K | +23.3% |
Chippewa Township | $245K | $263K | +7.3% |
Clinton | $254.9K | $270K | +5.9% |
Doylestown | $253K | $267K | +5.5% |
Marshallville | $232.5K | $220K | -5.4% |
Housing Supply in Chippewa Township, OH
How many homes are available in Chippewa Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 29 | +11.5% |
Summary: The Chippewa Township real estate market had 29 homes for sale in May 2024, a 11.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chippewa Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Chippewa Township in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Chippewa Township, OH
How long does it take to sell a home in Chippewa Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 11 Days | -67.6% |
Summary: Homes in Chippewa Township had an average of 11 days on market in May 2024, down by 67.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Chippewa Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.