Is Jerome Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jerome Township has remained a Seller's Market.
Housing Prices in Jerome Township, OH
How much do homes in Jerome Township, OH cost?
Median Sold Price
$674,873
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jerome Township was $674,873 in April 2024, up 6.3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $510K | $475K | -6.9% |
3 Bedrooms | $525K | $554.9K | +5.7% |
4 Bedrooms | $649.5K | $686.5K | +5.7% |
5+ Bedrooms | $811K | $875K | +7.9% |
Summary: Jerome Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Cities
Plain City | $469.5K | $585.2K | +24.6% |
Washington Township | $594.9K | $640K | +7.6% |
Jerome Township | $634.5K | $674.8K | +6.3% |
Dublin | $495.1K | $439.5K | -11.2% |
Housing Supply in Jerome Township, OH
How many homes are available in Jerome Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 116 | +16.0% |
Summary: The Jerome Township real estate market had 116 homes for sale in April 2024, a 16.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 29 | 31 | +6.9% |
4 Bedrooms | 33 | 36 | +9.1% |
5+ Bedrooms | 35 | 44 | +25.7% |
Summary: The Jerome Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 25.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Jerome Township in April 2024, up by 10.5% month-over-month. Of the 21 sold homes, 38% were sold under asking, 33% were sold at asking, and 29% were sold over asking.
Days on Market for Jerome Township, OH
How long does it take to sell a home in Jerome Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 30 Days | -52.8% |
Summary: Homes in Jerome Township had an average of 30 days on market in Apr 2024, down by 52.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Jerome Township; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.