Is Xenia 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, Xenia Township has remained a Seller's Market.
Key Takeaway
Xenia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Xenia Township, OH
How much do homes in Xenia Township, OH cost?
Median Sold Price
$206,283
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Xenia Township have sold for 2% less than they did a year ago.
Summary: The median home sold price in Xenia Township was $206,283 in May 2024, down 2% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60.7K | $76.5K | +26.0% |
| 2 Bedrooms | $150K | $121.5K | -19.0% |
| 3 Bedrooms | $176.8K | $190K | +7.5% |
| 4 Bedrooms | $286K | $310K | +8.4% |
| 5+ Bedrooms | $339K | $358.6K | +5.8% |
Summary: Xenia Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26%, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Beavercreek Township | $300.2K | $325K | +8.3% |
| New Jasper Township | $242K | $250K | +3.3% |
| Xenia | $208.2K | $206.2K | -0.9% |
| Xenia Township | $210.6K | $206.2K | -2.0% |
Housing Supply in Xenia Township, OH
How many homes are available in Xenia Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 148 | 140 | -5.4% |
Summary: The Xenia Township real estate market had 140 homes for sale in May 2024, a 5.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 70 | 72 | +2.9% |
| 4 Bedrooms | 55 | 47 | -14.5% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Xenia Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 52 | +18.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Xenia Township, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.
Summary: A total of 52 homes were sold or pending in Xenia Township in May 2024, up by 18.2% month-over-month. Of the 52 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.
Days on Market for Xenia Township, OH
How long does it take to sell a home in Xenia Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 50 Days | 54 Days | +8.6% |
Summary: Homes in Xenia Township had an average of 54 days on market in May 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Xenia Township has remained consistent over time.
Summary: During May 2024, 52 homes were sold in Xenia Township; 23% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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