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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bazetta Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Bazetta Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bazetta Township, OH

How much do homes in Bazetta Township, OH cost?

Median Sold Price

$159,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$1,500(+1.0%)

Key Takeaway

Homes in Bazetta Township have sold for 1% more than they did a year ago.

Summary: The median home sold price in Bazetta Township was $159,000 in March 2024, up 1% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $120K$125K
+4.2%
3 $180.5K$225K
+24.7%
4 $291.5K$290K
-0.5%
5+ $165.9K$650K
+291.8%

Summary: Bazetta Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 24.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 291.8%.

Median Sold Price Compared To Nearby Cities

Mecca Township
+13.1%
Cortland
+6.6%
Howland Township
+2.5%
Bazetta Township
+1.0%
Fowler Township
-6.8%

Housing Supply in Bazetta Township, OH

How many homes are available in Bazetta Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1417+21.4%

Summary: The Bazetta Township real estate market had 17 homes for sale in March 2024, a 21.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 66
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Bazetta 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 increased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bazetta Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Bazetta Township in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Bazetta Township, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
73 Days43 Days-40.1%

Summary: Homes in Bazetta Township had an average of 43 days on market in Mar 2024, down by 40.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 8 homes were sold in Bazetta Township; 25% 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.

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 Bazetta Township, OH

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What housing markets are near Bazetta Township, OH?