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 March 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

$325,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$40,000(+14.0%)

Key Takeaway

Homes in Blendon Township have sold for 14% more than they did a year ago.

Summary: The median home sold price in Blendon Township was $325,000 in March 2024, up 14% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$180K
N/A
2 $348.2K$449.9K
+29.2%
3 $282.7K$300K
+6.1%
4 $308.7K$365K
+18.2%
5+ $372.4K$426.5K
+14.5%

Summary: Blendon 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 29.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Cities

Plain Township
+14.5%
Blendon Township
+14.0%
Westerville
+5.3%
Genoa Township
+2.2%

Housing Supply in Blendon Township, OH

How many homes are available in Blendon Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4851+6.3%

Summary: The Blendon Township real estate market had 51 homes for sale in March 2024, a 6.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2219
-13.6%
4 1723
+35.3%
5+ 55
0.0%

Summary: The Blendon 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 remained the same, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1314+7.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blendon Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Blendon Township in March 2024, up by 7.7% month-over-month. Of the 14 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% 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

Mar 2023Mar 2024CHANGE
30 Days23 Days-23.8%

Summary: Homes in Blendon Township had an average of 23 days on market in Mar 2024, down by 23.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 14 homes were sold in Blendon Township; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 Blendon Township, OH

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