Is Southington 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, Southington Township has remained a Seller's Market.
Key Takeaway
Southington Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southington Township, OH
How much do homes in Southington Township, OH cost?
Median Sold Price
$250,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Southington Township have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Southington Township was $250,000 in April 2024, up 9.2% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $141K | $135K | -4.3% |
| 3 Bedrooms | $220K | $241K | +9.5% |
| 4 Bedrooms | $247.5K | $332.1K | +34.2% |
| 5+ Bedrooms | $210K | $299.9K | +42.8% |
Summary: Southington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 34.2%, and 5+ bedroom homes increased by 42.8%.
Median Sold Price Compared To Nearby Cities
| Southington | $220K | $250K | +13.6% |
| Southington Township | $229K | $250K | +9.2% |
| Nelson Township | $244K | $262.5K | +7.5% |
| Champion Township | $173.4K | $181K | +4.4% |
Housing Supply in Southington Township, OH
How many homes are available in Southington Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Southington Township real estate market had 7 homes for sale in April 2024, a 22.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Southington 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Southington Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Southington Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Southington Township, OH
How long does it take to sell a home in Southington Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 24 Days | +19.5% |
Summary: Homes in Southington Township had an average of 24 days on market in Apr 2024, up by 19.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southington Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Southington Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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