Is Sycamore 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, Sycamore Township has remained a Seller's Market.
Key Takeaway
Sycamore Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sycamore Township, OH
How much do homes in Sycamore Township, OH cost?
Median Sold Price
$270,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sycamore Township have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in Sycamore Township was $270,000 in May 2024, up 13.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.8K | $76K | -22.3% |
| 2 Bedrooms | $142.8K | $217K | +52.0% |
| 3 Bedrooms | $180K | $222.5K | +23.6% |
| 4 Bedrooms | $504.4K | $516K | +2.3% |
| 5+ Bedrooms | $285K | $687.5K | +141.2% |
Summary: Sycamore Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes increased by 52%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 141.2%.
Median Sold Price Compared To Nearby Cities
| Sycamore Township | $237.5K | $270K | +13.7% |
| Blue Ash | $428K | $397K | -7.2% |
Housing Supply in Sycamore Township, OH
How many homes are available in Sycamore Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Sycamore Township real estate market had 13 homes for sale in May 2024, a 8.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sycamore Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sycamore Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Sycamore Township in May 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Sycamore Township, OH
How long does it take to sell a home in Sycamore Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 182 Days | 33 Days | -81.9% |
Summary: Homes in Sycamore Township had an average of 33 days on market in May 2024, down by 81.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sycamore Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Sycamore Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.