Is Allen Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allen Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Allen Township has remained a Seller's Market.

Key Takeaway

Allen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Allen Township, OH

How much do homes in Allen Township, OH cost?

Median Sold Price

$205,900

$135/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$133,800(+185.6%)

Key Takeaway

Homes in Allen Township have sold for 185.6% more than they did a month ago.

Summary: The median home sold price in Allen Township was $205,900 in March 2024, up 185.6% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $35K$241.9K
+591.1%
4 $101.2K$150K
+48.2%
5+ --
N/A

Summary: Allen Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 591.1%, 4 bedroom homes increased by 48.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Allen Township
+185.6%
Curtice
+43.9%
Martin
+4.7%

Housing Supply in Allen Township, OH

How many homes are available in Allen Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
84-50.0%

Summary: The Allen Township real estate market had 4 homes for sale in March 2024, a 50.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 41
-75.0%
5+ 00
0.0%

Summary: The Allen Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allen Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Allen Township in March 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Allen Township, OH

How long does it take to sell a home in Allen Township, OH?

Average Sale Time

Feb 2024Mar 2024CHANGE
87 Days35 Days-59.7%

Summary: Homes in Allen Township had an average of 35 days on market in Mar 2024, down by 59.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Allen Township has remained consistent over time.

Summary: During March 2024, 4 homes were sold in Allen Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Allen Township, OH

Nearby Markets to Allen Township, OH

What housing markets are near Allen Township, OH?