Is Danbury Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Danbury Township was a Buyer's Market.
Housing Prices in Danbury Township, OH
How much do homes in Danbury Township, OH cost?
Median Sold Price
$439,900
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Danbury Township was $439,900 in May 2024, up 14.6% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $210K | +35.5% |
2 Bedrooms | $300K | $285K | -5.0% |
3 Bedrooms | $392.5K | $457.5K | +16.6% |
4 Bedrooms | $605K | $604.5K | -0.1% |
5+ Bedrooms | $825K | $1.1M | +39.4% |
Summary: Danbury Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.5%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 16.6%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 39.4%.
Median Sold Price Compared To Nearby Cities
Portage Township | $178.2K | $261K | +46.4% |
Marblehead | $386.5K | $471K | +21.9% |
Catawba Island Township | $415K | $483K | +16.4% |
Lakeside Marblehead | $377.5K | $437.9K | +16.0% |
Danbury Township | $384K | $439.9K | +14.6% |
Housing Supply in Danbury Township, OH
How many homes are available in Danbury Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
75 | 83 | +10.7% |
Summary: The Danbury Township real estate market had 83 homes for sale in May 2024, a 10.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 39 | 42 | +7.7% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Danbury Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 14 | -12.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Danbury Township in May 2024, down by 12.5% month-over-month. Of the 14 sold homes, 79% were sold under asking, 21% were sold at asking, and 0% were sold over asking.
Days on Market for Danbury Township, OH
How long does it take to sell a home in Danbury Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 52 Days | +44.5% |
Summary: Homes in Danbury Township had an average of 52 days on market in May 2024, up by 44.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Danbury Township; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.