Is Falls 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, Falls Township was a Seller's Market.
Housing Prices in Falls Township, OH
How much do homes in Falls Township, OH cost?
Median Sold Price
$178,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Falls Township was $178,000 in March 2024, down 1.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $69.5K | $145K | +108.6% |
2 Bedrooms | $137.5K | $141K | +2.5% |
3 Bedrooms | $190K | $190K | 0.0% |
4 Bedrooms | $238K | $349.9K | +47.0% |
5+ Bedrooms | $319.9K | $365K | +14.1% |
Summary: Falls Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 108.6%, 2 bedroom homes increased by 2.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 47%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
Green Township | $282.4K | $322.7K | +14.3% |
Logan | $205K | $225K | +9.8% |
Marion Township | $159.5K | $162K | +1.6% |
Falls Township | $181.2K | $178K | -1.8% |
Housing Supply in Falls Township, OH
How many homes are available in Falls Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 55 | +12.2% |
Summary: The Falls Township real estate market had 55 homes for sale in March 2024, a 12.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 20 | 29 | +45.0% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Falls Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 45%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Falls Township in March 2024, down by 36.4% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Falls Township, OH
How long does it take to sell a home in Falls Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 37 Days | -18.0% |
Summary: Homes in Falls Township had an average of 37 days on market in Mar 2024, down by 18% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Falls Township; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.