Is Congress Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Congress Township has remained a Seller's Market.
Key Takeaway
Congress Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Congress Township, OH
How much do homes in Congress Township, OH cost?
Median Sold Price
$297,500
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Congress Township have sold for 56.2% more than they did a year ago.
Summary: The median home sold price in Congress Township was $297,500 in March 2024, up 56.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68.5K | - | N/A |
| 2 Bedrooms | $165.5K | $249.9K | +51.1% |
| 3 Bedrooms | $186K | $325K | +74.7% |
| 4 Bedrooms | $195K | $372.5K | +91.1% |
| 5+ Bedrooms | $285K | $125K | -56.1% |
Summary: Congress 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 increased by 51.1%, 3 bedroom homes increased by 74.7%, 4 bedroom homes increased by 91.1%, and 5+ bedroom homes decreased by 56.1%.
Median Sold Price Compared To Nearby Cities
| Congress Township | $190.5K | $297.5K | +56.2% |
| West Salem | $185K | $245K | +32.4% |
| Canaan Township | $166.5K | $199.4K | +19.8% |
| Burbank | $285K | $320K | +12.3% |
Housing Supply in Congress Township, OH
How many homes are available in Congress Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Summary: The Congress Township real estate market had 8 homes for sale in March 2024, a 60.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Congress 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 100%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +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
Key Takeaway
If you're buying a home in Congress 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 Congress 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 Congress Township, OH
How long does it take to sell a home in Congress Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 76 Days | +53.0% |
Summary: Homes in Congress Township had an average of 76 days on market in Mar 2024, up by 53% 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 Congress Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Congress 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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