Is Catawba Island Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Catawba Island Township was a Neutral Market.
Key Takeaway
Catawba Island Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Catawba Island Township, OH
How much do homes in Catawba Island Township, OH cost?
Median Sold Price
$497,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Catawba Island Township have sold for 24.3% more than they did a year ago.
Summary: The median home sold price in Catawba Island Township was $497,000 in March 2024, up 24.3% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $262.4K | N/A |
| 2 Bedrooms | $350K | $432K | +23.4% |
| 3 Bedrooms | $410K | $470.5K | +14.8% |
| 4 Bedrooms | $575K | $724.9K | +26.1% |
| 5+ Bedrooms | $415K | $864.5K | +108.3% |
Summary: Catawba Island 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 23.4%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes increased by 108.3%.
Median Sold Price Compared To Nearby Cities
| Catawba Island Township | $400K | $497K | +24.3% |
| Lakeside Marblehead | $375K | $422.5K | +12.7% |
| Danbury Township | $380K | $425K | +11.8% |
Housing Supply in Catawba Island Township, OH
How many homes are available in Catawba Island Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 39 | +34.5% |
Summary: The Catawba Island Township real estate market had 39 homes for sale in March 2024, a 34.5% 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 | 7 | 9 | +28.6% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Catawba Island 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 increased by 28.6%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Catawba Island Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Catawba Island Township in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Catawba Island Township, OH
How long does it take to sell a home in Catawba Island Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 18 Days | -47.4% |
Summary: Homes in Catawba Island Township had an average of 18 days on market in Mar 2024, down by 47.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Catawba Island Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Catawba Island 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.
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