Is Bloom Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Bloom Township was a Neutral Market.
Housing Prices in Bloom Township, OH
How much do homes in Bloom Township, OH cost?
Median Sold Price
$416,195
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Bloom Township was $416,195 in February 2024, up 12.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | - | N/A |
2 Bedrooms | $305K | $230K | -24.6% |
3 Bedrooms | $331.8K | $384.9K | +16.0% |
4 Bedrooms | $404.6K | $428.9K | +6.0% |
5+ Bedrooms | $542.5K | $520K | -4.1% |
Summary: Bloom Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.6%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
Bloom Township | $369.5K | $416.1K | +12.6% |
Lithopolis | $353K | $394.9K | +11.9% |
Canal Winchester | $300K | $321.2K | +7.1% |
Canal Winchester | $330.8K | $324.9K | -1.8% |
Housing Supply in Bloom Township, OH
How many homes are available in Bloom Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
36 | 38 | +5.6% |
Summary: The Bloom Township real estate market had 38 homes for sale in February 2024, a 5.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Bloom Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Bloom Township in February 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Bloom Township, OH
How long does it take to sell a home in Bloom Township, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
46 Days | 64 Days | +40.7% |
Summary: Homes in Bloom Township had an average of 64 days on market in Feb 2024, up by 40.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 10 homes were sold in Bloom Township; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.