Is Colerain 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, Colerain Township was a Seller's Market.
Key Takeaway
Colerain Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Colerain Township, OH
How much do homes in Colerain Township, OH cost?
Median Sold Price
$185,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Colerain Township have sold for 32.1% more than they did a year ago.
Summary: The median home sold price in Colerain Township was $185,000 in March 2024, up 32.1% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $119.2K | $90K | -24.5% |
| 3 Bedrooms | $140K | $185K | +32.1% |
| 4 Bedrooms | $194.6K | $269K | +38.2% |
| 5+ Bedrooms | - | $575K | N/A |
Summary: Colerain 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 decreased by 24.5%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 38.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Colerain Township | $140K | $185K | +32.1% |
| Richland Township | $223K | $237.4K | +6.5% |
| Pease Township | $90.5K | $90K | -0.6% |
Housing Supply in Colerain Township, OH
How many homes are available in Colerain Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Summary: The Colerain Township real estate market had 12 homes for sale in March 2024, a 71.4% 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 | 2 | 4 | +100.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Colerain Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Colerain Township in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 49 Days | +18.5% |
Summary: Homes in Colerain Township had an average of 49 days on market in Mar 2024, up by 18.5% compared to last year.
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
Key Takeaway
Many homes in Colerain Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Colerain Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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