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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canaan Township is a seller's market

Buyer's
Market

Difference Since June 2021

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

Key Takeaway

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

How much do homes in Canaan Township, OH cost?

Median Sold Price

$188,500

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$29,500(+18.6%)

Key Takeaway

Homes in Canaan Township have sold for 18.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $51K$90K
+76.5%
2 $17.5K$100.7K
+475.7%
3 $165K$190K
+15.2%
4 $327.5K$285K
-13.0%
5+ $295K$285K
-3.4%

Median Sold Price Compared To Nearby Cities

Creston
+63.7%
Canaan Township
+18.6%
Congress Township
+9.1%

How many homes are available in Canaan Township, OH?

Number of Homes For Sale

May 2022Jun 2022%
810+25.0%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 00
0.0%
2 02
+100.0%
3 55
0.0%
4 33
0.0%
5+ 00
0.0%

Number of Homes Sold

May 2022Jun 2022%
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canaan Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Jun 2021Jun 2022%
5 Days75 Days+1410.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Canaan 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 Canaan Township, OH

Number of homes for sale in Canaan Township, OH real estate market have reached 10. Between May 2022 and June 2022, Canaan Township, OH real estate market has seen increase in the number of listings by 25%. In June 2022, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $188,500. Listing prices have changed in this real estate market between May 2022 and June 2022: 1 bedroom properties became 76.5% more expensive, the cost of 2 bedrooms properties went up by 475.7%, prices of 3 bedrooms properties went up by 15.2%, 4 bedrooms properties became 13% more cheaper, prices of 5 bedrooms properties went down by 3.4%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 100%, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes remained the same, volume of 5 bedrooms homes stayed the same. While more than 1 listings in Canaan Township, OH in June 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below.

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