Is Brown Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Brown Township has remained a Seller's Market.
Housing Prices in Brown Township, OH
How much do homes in Brown Township, OH cost?
Median Sold Price
$215,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brown Township was $215,000 in March 2024, up 16.2% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $282.4K | N/A |
2 Bedrooms | $130K | $158K | +21.5% |
3 Bedrooms | $175K | $217K | +24.0% |
4 Bedrooms | $310K | $426.2K | +37.5% |
5+ Bedrooms | $420K | $230K | -45.2% |
Summary: Brown 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 21.5%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 45.2%.
Median Sold Price Compared To Nearby Cities
Malvern | $220K | $305K | +38.6% |
Minerva | $142K | $171K | +20.4% |
Minerva | $143.5K | $172K | +19.9% |
Brown Township | $185K | $215K | +16.2% |
Paris Township | $149.9K | $168.4K | +12.4% |
Housing Supply in Brown Township, OH
How many homes are available in Brown Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Summary: The Brown Township real estate market had 23 homes for sale in March 2024, a 4.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Brown 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Brown Township in March 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Brown Township, OH
How long does it take to sell a home in Brown Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 42 Days | +141.4% |
Summary: Homes in Brown Township had an average of 42 days on market in Mar 2024, up by 141.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Brown Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.