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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ballville Township is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Ballville Township was a Seller's Market.

Key Takeaway

Ballville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ballville Township, OH

How much do homes in Ballville Township, OH cost?

Median Sold Price

$197,500

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$7,500(+3.9%)

Key Takeaway

Homes in Ballville Township have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Ballville Township was $197,500 in May 2024, up 3.9% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$130K
N/A
2 $149.9K$161K
+7.3%
3 $190K$200K
+5.3%
4 $302K$241K
-20.2%
5+ $178K$425.9K
+139.3%

Summary: Ballville 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 7.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes increased by 139.3%.

Median Sold Price Compared To Nearby Cities

Sandusky Township
+8.2%
Ballville Township
+3.9%
Fremont
+2.6%

Housing Supply in Ballville Township, OH

How many homes are available in Ballville Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2016-20.0%

Summary: The Ballville Township real estate market had 16 homes for sale in May 2024, a 20.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1310
-23.1%
4 34
+33.3%
5+ 10
-100.0%

Summary: The Ballville 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 decreased by 33.3%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
102-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Ballville Township in May 2024, down by 80.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Ballville Township, OH

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

Average Sale Time

May 2023May 2024CHANGE
27 Days31 Days+14.2%

Summary: Homes in Ballville Township had an average of 31 days on market in May 2024, up by 14.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Ballville Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Ballville Township; 50% of homes were sold within 30 days, 50% 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 16 Days Ago

Newest Listings in Ballville Township, OH

Nearby Markets to Ballville Township, OH

What housing markets are near Ballville Township, OH?