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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloom Township is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Bloom Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Bloom Township, OH

How much do homes in Bloom Township, OH cost?

Median Sold Price

$413,047

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$18,047(+4.6%)

Key Takeaway

Homes in Bloom Township have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Bloom Township was $413,047 in September 2024, up 4.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $230K$187.5K
-18.5%
3 $325K$385.5K
+18.6%
4 $405.2K$418.7K
+3.3%
5+ $520K$469.9K
-9.6%

Summary: Bloom Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 9.6%.

Median Sold Price Compared To Nearby Cities

Carroll
+33.6%
Bloom Township
+4.6%
Canal Winchester
+4.1%
Canal Winchester
+1.6%
Lithopolis
-0.4%

Housing Supply in Bloom Township, OH

How many homes are available in Bloom Township, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
86-25.0%

Summary: The Bloom Township real estate market had 6 homes for sale in September 2024, a 25.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Bloom 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Bloom Township in September 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Sep 2023Sep 2024CHANGE
55 Days79 Days+43.4%

Summary: Homes in Bloom Township had an average of 79 days on market in Sep 2024, up by 43.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bloom Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 4 homes were sold in Bloom Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 Sep 1, 2024

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