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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Elkrun Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Elkrun Township, OH

How much do homes in Elkrun Township, OH cost?

Median Sold Price

$240,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$15,000(+6.7%)

Key Takeaway

Homes in Elkrun Township have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Elkrun Township was $240,000 in February 2024, up 6.7% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $159.5K$201.2K
+26.2%
3 $242K$227.5K
-6.0%
4 $225K$415K
+84.5%
5+ $369K$269.9K
-26.9%

Summary: Elkrun Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.2%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 84.5%, and 5+ bedroom homes decreased by 26.9%.

Median Sold Price Compared To Nearby Cities

Center Township
+25.2%
Fairfield Township
+17.6%
Lisbon
+9.9%
Elkrun Township
+6.7%

Housing Supply in Elkrun Township, OH

How many homes are available in Elkrun Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
13+200.0%

Summary: The Elkrun Township real estate market had 3 homes for sale in February 2024, a 200.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 00
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Elkrun Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Elkrun Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Elkrun Township in February 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Elkrun Township, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
106 Days60 Days-43.4%

Summary: Homes in Elkrun Township had an average of 60 days on market in Feb 2024, down by 43.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Elkrun Township has remained consistent over time.

Summary: During February 2024, 1 homes were sold in Elkrun Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in Elkrun Township, OH

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