Is Darby 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, Darby Township has remained a Seller's Market.
Housing Prices in Darby Township, OH
How much do homes in Darby Township, OH cost?
Median Sold Price
$400,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Darby Township was $400,000 in May 2024, down 7% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $343.3K | $300K | -12.6% |
3 Bedrooms | $414.9K | $363.9K | -12.3% |
4 Bedrooms | $451.9K | $480K | +6.2% |
5+ Bedrooms | $763K | $577.3K | -24.3% |
Summary: Darby 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 12.6%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 24.3%.
Median Sold Price Compared To Nearby Cities
Darby Township | $421.5K | $625K | +48.3% |
Plain City | $530.1K | $599.3K | +13.1% |
Jerome Township | $634.1K | $696K | +9.8% |
Darby Township | $430K | $400K | -7.0% |
Housing Supply in Darby Township, OH
How many homes are available in Darby Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 24 | +41.2% |
Summary: The Darby Township real estate market had 24 homes for sale in May 2024, a 41.2% 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 | 0 | 2 | +100.0% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Darby 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Darby Township in May 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Darby Township, OH
How long does it take to sell a home in Darby Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 43 Days | -13.5% |
Summary: Homes in Darby Township had an average of 43 days on market in May 2024, down by 13.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Darby Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.