Is Truro 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, Truro Township has remained a Seller's Market.
Housing Prices in Truro Township, OH
How much do homes in Truro Township, OH cost?
Median Sold Price
$265,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Truro Township was $265,000 in May 2024, up 4.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $144K | $171.6K | +19.2% |
3 Bedrooms | $237.3K | $250K | +5.3% |
4 Bedrooms | $311.6K | $318.6K | +2.3% |
5+ Bedrooms | $342K | $349K | +2.0% |
Summary: Truro 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 increased by 19.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
Jefferson Township | $365K | $389.7K | +6.8% |
Truro Township | $254.6K | $265K | +4.1% |
Blacklick | $331.9K | $340K | +2.4% |
Reynoldsburg | $281.8K | $288K | +2.2% |
Housing Supply in Truro Township, OH
How many homes are available in Truro Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
87 | 93 | +6.9% |
Summary: The Truro Township real estate market had 93 homes for sale in May 2024, a 6.9% 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 | 9 | 11 | +22.2% |
3 Bedrooms | 43 | 51 | +18.6% |
4 Bedrooms | 30 | 29 | -3.3% |
5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Truro 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 22.2%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Truro Township in May 2024, down by 3.6% month-over-month. Of the 27 sold homes, 26% were sold under asking, 22% were sold at asking, and 52% were sold over asking.
Days on Market for Truro Township, OH
How long does it take to sell a home in Truro Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 26 Days | +78.2% |
Summary: Homes in Truro Township had an average of 26 days on market in May 2024, up by 78.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in Truro Township; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.