Is Lexington Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lexington Township has remained a Seller's Market.
Housing Prices in Lexington Township, OH
How much do homes in Lexington Township, OH cost?
Median Sold Price
$199,900
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lexington Township was $199,900 in April 2024, up 15.2% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $50K | -50.0% |
2 Bedrooms | $124.5K | $89K | -28.5% |
3 Bedrooms | $173.4K | $191.7K | +10.5% |
4 Bedrooms | $200K | $263.2K | +31.6% |
5+ Bedrooms | - | $178.4K | N/A |
Summary: Lexington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 28.5%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Smith Township | $145.5K | $186K | +27.8% |
Washington Township | $169K | $215.5K | +27.5% |
Lexington Township | $173.4K | $199.9K | +15.2% |
Alliance | $137.5K | $143.2K | +4.2% |
Housing Supply in Lexington Township, OH
How many homes are available in Lexington Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Summary: The Lexington Township real estate market had 10 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lexington Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lexington Township in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Lexington Township, OH
How long does it take to sell a home in Lexington Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 19 Days | -1.3% |
Summary: Homes in Lexington Township had an average of 19 days on market in Apr 2024, down by 1.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Lexington Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.