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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burton Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Burton Township was a Seller's Market.

Key Takeaway

Burton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Burton Township, OH

How much do homes in Burton Township, OH cost?

Median Sold Price

$220,000

$92/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$77,000(-25.9%)

Key Takeaway

Homes in Burton Township have sold for 25.9% less than they did a month ago.

Summary: The median home sold price in Burton Township was $220,000 in February 2024, down 25.9% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $297K$220K
-25.9%
4 $342.5K-
N/A
5+ --
N/A

Summary: Burton Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 25.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Burton Township
-25.9%
Burton
-25.9%

Housing Supply in Burton Township, OH

How many homes are available in Burton Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
10100.0%

Summary: The Burton Township real estate market had 10 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 66
0.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Burton 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 increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burton Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Burton Township in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Burton Township, OH

How long does it take to sell a home in Burton Township, OH?

Average Sale Time

Jan 2024Feb 2024CHANGE
83 Days19 Days-77.2%

Summary: Homes in Burton Township had an average of 19 days on market in Feb 2024, down by 77.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 1 homes were sold in Burton Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Burton Township, OH

Nearby Markets to Burton Township, OH