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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Concord Township is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Concord Township, OH cost?

Median Sold Price

$215,562

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$22,062(+11.4%)

Key Takeaway

Homes in Concord Township have sold for 11.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $47.5K$42K
-11.6%
2 $120.2K$133.2K
+10.8%
3 $175K$190K
+8.6%
4 $255K$325K
+27.5%
5+ $399K$393K
-1.5%

Median Sold Price Compared To Nearby Cities

Concord Township
+11.4%
Troy
+11.4%
Monroe Township
+7.7%

How many homes are available in Concord Township, OH?

Number of Homes For Sale

Nov 2022Dec 2022%
8169-14.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 1514
-6.7%
3 4633
-28.3%
4 1516
+6.7%
5+ 56
+20.0%

Number of Homes Sold

Nov 2022Dec 2022%
2822-21.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Concord Township, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
72 Days52 Days-28.2%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

17 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 Concord Township has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Concord Township, OH

Concord Township, OH has 69 homes on the market. The number of listings in Concord Township, OH decreased by 14.8% between November 2022 and December 2022. While the average time on the market in December 2022 was 52 days, the median list price was $215,562. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 11.6% more cheaper, prices of 2 bedrooms properties increased by 10.8%, 3 bedrooms properties became 8.6% more expensive, the cost of 4 bedrooms properties went up by 27.5%, the cost of 5 bedrooms properties went down by 1.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 6.7%, the quantity of 3 bedrooms homes went down by 28.3%, number of 4 bedrooms homes increased by 6.7%, number of 5 bedrooms homes increased by 20%. While more than 4 listings in Concord Township, OH in December 2022 were sold above asking price, there were more than 6 listings sold at asking price, and more than 12 were sold below.

Related Housing Market Reports