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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cambridge Township is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Cambridge Township, OH cost?

Median Sold Price

$142,500

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$28,000(+24.5%)

Key Takeaway

Homes in Cambridge Township have sold for 24.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $70K$68.7K
-1.8%
2 $89K$109.9K
+23.5%
3 $127.5K$141.2K
+10.8%
4 $136K$175K
+28.7%
5+ $167.2K$90K
-46.2%

Median Sold Price Compared To Nearby Cities

Cambridge
+40.5%
Cambridge Township
+24.5%
Jackson Township
+7.7%
Adams Township
-1.1%

How many homes are available in Cambridge Township, OH?

Number of Homes For Sale

Nov 2022Dec 2022%
6051-15.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 79
+28.6%
3 3729
-21.6%
4 119
-18.2%
5+ 54
-20.0%

Number of Homes Sold

Nov 2022Dec 2022%
1812-33.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cambridge Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
165 Days67 Days-59.1%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cambridge Township has remained consistent over time.

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

About Cambridge Township, OH

Cambridge Township, OH has 51 homes for sale to choose from. The number of listings in Cambridge Township, OH decreased by 15% between November 2022 and December 2022. While the average time on the market in December 2022 was 67 days, the median list price was $142,500. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went down by 1.8%, 2 bedrooms properties became 23.5% more expensive, the cost of 3 bedrooms properties went up by 10.8%, the cost of 4 bedrooms properties went up by 28.7%, the cost of 5 bedrooms properties went down by 46.2%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 28.6%, 3 bedrooms homes became 21.6% less available, 4 bedrooms homes became 18.2% less available, 5 bedrooms homes became 20% less available. Over 0 listings were sold over their listed price in December 2022 in Cambridge Township, OH. In the same period over 8 listings were sold below the listed price and 4 listings were sold for the listed price.

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