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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blendon Township is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Blendon Township, OH

How much do homes in Blendon Township, OH cost?

Median Sold Price

$333,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$33,000(+11.0%)

Key Takeaway

Homes in Blendon Township have sold for 11% more than they did a year ago.

Summary: The median home sold price in Blendon Township was $333,000 in August 2024, up 11% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$180K
N/A
2 $465K$450.9K
-3.0%
3 $290K$312K
+7.6%
4 $351K$365K
+4.0%
5+ $423.7K$418K
-1.3%

Summary: Blendon Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Cities

Minerva Park
+14.1%
Genoa Township
+11.8%
Blendon Township
+11.0%
Plain Township
+8.2%
Westerville
+5.0%

Housing Supply in Blendon Township, OH

How many homes are available in Blendon Township, OH?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2113-38.1%

Summary: The Blendon Township real estate market had 13 homes for sale in August 2024, a 38.1% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 106
-40.0%
4 85
-37.5%
5+ 11
0.0%

Summary: The Blendon Township housing inventory by bedroom type for August 2024 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 40%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blendon Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Blendon Township in August 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Blendon Township, OH

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

Average Sale Time

Aug 2023Aug 2024CHANGE
12 Days69 Days+457.3%

Summary: Homes in Blendon Township had an average of 69 days on market in Aug 2024, up by 457.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 6 homes were sold in Blendon Township; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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 7 Days Ago

Newest Listings in Blendon Township, OH

Nearby Markets to Blendon Township, OH

What housing markets are near Blendon Township, OH?