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 November 2022

Since last year, 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

$162,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

-$8,000(-4.7%)

Key Takeaway

Homes in Allen Township have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in Allen Township was $162,000 in November 2023, down 4.7% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $56K-
N/A
2 $142K$122K
-14.1%
3 $231.5K$174K
-24.8%
4 $310K$228.5K
-26.3%
5+ $499.9K$354.9K
-29.0%

Summary: Allen Township housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 29%.

Median Sold Price Compared To Nearby Cities

Curtice
-1.5%
Allen Township
-4.7%

Housing Supply in Allen Township, OH

How many homes are available in Allen Township, OH?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
63-50.0%

Summary: The Allen Township real estate market had 3 homes for sale in November 2023, a 50.0% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 21
-50.0%
3 31
-66.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Allen Township housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allen Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Allen Township in November 2023, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Nov 2022Nov 2023CHANGE
93 Days36 Days-61.3%

Summary: Homes in Allen Township had an average of 36 days on market in Nov 2023, down by 61.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 November 2023, 1 homes were sold in Allen Township; 0% of homes were sold within 30 days, 100% 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 2 Days Ago

Newest Listings in Allen Township, OH

Nearby Markets to Allen Township, OH

What housing markets are near Allen Township, OH?