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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedarville Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Cedarville Township, OH

How much do homes in Cedarville Township, OH cost?

Median Sold Price

$257,500

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$22,500(+9.6%)

Key Takeaway

Homes in Cedarville Township have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Cedarville Township was $257,500 in May 2024, up 9.6% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $98K$117.2K
+19.6%
3 $227.5K$240K
+5.5%
4 $249.9K$330K
+32.1%
5+ $297.5K$257.5K
-13.4%

Summary: Cedarville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes decreased by 13.4%.

Median Sold Price Compared To Nearby Cities

Miami Township
+17.3%
Cedarville Township
+9.6%
Cedarville
+9.6%
New Jasper Township
+3.3%

Housing Supply in Cedarville Township, OH

How many homes are available in Cedarville Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
63-50.0%

Summary: The Cedarville Township real estate market had 3 homes for sale in May 2024, a 50.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 31
-66.7%
5+ 11
0.0%

Summary: The Cedarville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
41-75.0%

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 Cedarville 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 Cedarville Township in May 2024, down by 75.0% 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 Cedarville Township, OH

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

Average Sale Time

May 2023May 2024CHANGE
64 Days22 Days-65.8%

Summary: Homes in Cedarville Township had an average of 22 days on market in May 2024, down by 65.8% compared to last year.

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 Cedarville Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Cedarville 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 16 Days Ago

Newest Listings in Cedarville Township, OH

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