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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colerain Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Colerain Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Colerain Township, OH

How much do homes in Colerain Township, OH cost?

Median Sold Price

$252,500

$155/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$32,500(+14.8%)

Key Takeaway

Homes in Colerain Township have sold for 14.8% more than they did a month ago.

Summary: The median home sold price in Colerain Township was $252,500 in March 2024, up 14.8% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $125K$166.2K
+33.0%
3 $175K$270K
+54.3%
4 $450K$395K
-12.2%
5+ --
N/A

Summary: Colerain Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33%, 3 bedroom homes increased by 54.3%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Forest Park
+18.8%
Colerain Township
+14.8%

Housing Supply in Colerain Township, OH

How many homes are available in Colerain Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2218-18.2%

Summary: The Colerain Township real estate market had 18 homes for sale in March 2024, a 18.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1110
-9.1%
4 64
-33.3%
5+ 11
0.0%

Summary: The Colerain 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 decreased by 25%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colerain Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Colerain Township in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Colerain Township, OH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
87 Days67 Days-23.2%

Summary: Homes in Colerain Township had an average of 67 days on market in Mar 2024, down by 23.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 8 homes were sold in Colerain Township; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% 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 25 Days Ago

Newest Listings in Colerain Township, OH

Nearby Markets to Colerain Township, OH

What housing markets are near Colerain Township, OH?