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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berlin Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Berlin Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Berlin Township, OH

How much do homes in Berlin Township, OH cost?

Median Sold Price

$350,000

-

Based on all homes sold in September 2024.

Difference Since Last Month

-$5,000(-1.4%)

Key Takeaway

Homes in Berlin Township have sold for 1.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $355K-
N/A
3 --
N/A
4 -$350K
N/A
5+ --
N/A

Summary: Berlin Township housing prices by bedroom type for September 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Berlin Township, OH

How many homes are available in Berlin Township, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
64-33.3%

Summary: The Berlin Township real estate market had 4 homes for sale in September 2024, a 33.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Berlin Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

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 Berlin 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 Berlin Township in September 2024, the same as the previous 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 Berlin Township, OH

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

Average Sale Time

Aug 2024Sep 2024CHANGE
66 Days34 Days-48.5%

Summary: Homes in Berlin Township had an average of 34 days on market in Sep 2024, down by 48.5% compared to last month.

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 Berlin Township has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Berlin 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 12 Days Ago

Newest Listings in Berlin Township, OH

Nearby Markets to Berlin Township, OH