Is Danbury 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, Danbury Township was a Seller's Market.
Key Takeaway
Danbury Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Danbury Township, OH
How much do homes in Danbury Township, OH cost?
Median Sold Price
$425,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Danbury Township have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Danbury Township was $425,000 in March 2024, up 11.8% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $210K | +35.5% |
| 2 Bedrooms | $300K | $325K | +8.3% |
| 3 Bedrooms | $397K | $440K | +10.8% |
| 4 Bedrooms | $590K | $599K | +1.5% |
| 5+ Bedrooms | $825K | $1.2M | +45.6% |
Summary: Danbury Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 45.6%.
Median Sold Price Compared To Nearby Cities
| Catawba Island Township | $400K | $497K | +24.3% |
| Lakeside Marblehead | $375K | $422.5K | +12.7% |
| Danbury Township | $380K | $425K | +11.8% |
Housing Supply in Danbury Township, OH
How many homes are available in Danbury Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 61 | +24.5% |
Summary: The Danbury Township real estate market had 61 homes for sale in March 2024, a 24.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 30 | 34 | +13.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Danbury 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 66.7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Danbury Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Danbury Township in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.
Days on Market for Danbury Township, OH
How long does it take to sell a home in Danbury Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 91 Days | 177 Days | +94.4% |
Summary: Homes in Danbury Township had an average of 177 days on market in Mar 2024, up by 94.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Danbury Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 4 homes were sold in Danbury Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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