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 Last Month

Last month, Concord Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Concord Township, OH

How much do homes in Concord Township, OH cost?

Median Sold Price

$290,000

$104/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$60,000(-17.1%)

Key Takeaway

Homes in Concord Township have sold for 17.1% less than they did a month ago.

Summary: The median home sold price in Concord Township was $290,000 in March 2024, down 17.1% from last month, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$340K
N/A
4 $350K$240K
-31.4%
5+ --
N/A

Summary: Concord 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 31.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Green Township
+34.9%
Concord Township
-17.1%

Housing Supply in Concord Township, OH

How many homes are available in Concord Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
990.0%

Summary: The Concord Township real estate market had 9 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Concord 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Concord Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Concord Township, OH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
141 Days60 Days-57.4%

Summary: Homes in Concord Township had an average of 60 days on market in Mar 2024, down by 57.4% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Concord Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Concord 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.

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

Report Updated 24 Days Ago

Newest Listings in Concord Township, OH

Nearby Markets to Concord Township, OH