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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brownhelm Township is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Brownhelm Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Brownhelm Township, OH cost?

Median Sold Price

$250,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$49,000(+24.4%)

Key Takeaway

Homes in Brownhelm Township have sold for 24.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $92K$81.5K
-11.4%
2 $150K$148K
-1.3%
3 $210K$257.1K
+22.4%
4 $212.5K$290K
+36.5%
5+ $362.5K$523K
+44.3%

Median Sold Price Compared To Nearby Cities

Amherst Township
+28.9%
Vermilion
+27.6%
Brownhelm Township
+24.4%
Vermilion
+18.8%
Amherst
+2.0%

How many homes are available in Brownhelm Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
2529+16.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 35
+66.7%
3 712
+71.4%
4 1410
-28.6%
5+ 12
+100.0%

Number of Homes Sold

Oct 2022Nov 2022%
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brownhelm Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
32 Days47 Days+46.6%

Breakdown of Home Sale Times

4 Homes Were 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

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Brownhelm Township, OH

Brownhelm Township, OH has 29 homes on the market. The inventory of homes for sale in Brownhelm Township, OH between October 2022 and November 2022 increased by 16%. While the average time on the market in November 2022 was 47 days, the median list price was $250,000. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties became 11.4% more cheaper, prices of 2 bedrooms properties went down by 1.3%, the cost of 3 bedrooms properties went up by 22.4%, 4 bedrooms properties prices increased by 36.5%, the cost of 5 bedrooms properties went up by 44.3%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 66.7%, the quantity of 3 bedrooms homes went up by 71.4%, 4 bedrooms homes became 28.6% less available, volume of 5 bedrooms homes went up by 100%. Brownhelm Township, OH housing market in November 2022 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 3 sold below.

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