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.
Key Takeaway
Brown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brown Township, OH
How much do homes in Brown Township, OH cost?
Median Sold Price
$615,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Brown Township have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Brown Township was $615,000 in March 2024, up 7.2% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $399K | $438K | +9.8% |
| 3 Bedrooms | $475K | $525K | +10.5% |
| 4 Bedrooms | $650K | $650K | 0.0% |
| 5+ Bedrooms | $650.8K | $770K | +18.3% |
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 9.8%, 3 bedroom homes increased by 10.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 18.3%.
Median Sold Price Compared To Nearby Cities
| Prairie Township | $223.4K | $250K | +11.9% |
| Brown Township | $573.4K | $615K | +7.2% |
| Jefferson Township | $210K | $216.2K | +3.0% |
| Hilliard | $359.7K | $365.4K | +1.6% |
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 |
|---|---|---|
| 16 | 20 | +25.0% |
Summary: The Brown Township real estate market had 20 homes for sale in March 2024, a 25.0% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 6 | 12 | +100.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
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 increased by 100%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brown Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Brown Township in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% 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 | 20 Days | +16.1% |
Summary: Homes in Brown Township had an average of 20 days on market in Mar 2024, up by 16.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brown Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Brown Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.