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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Freedom Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Freedom Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Freedom Township, OH

How much do homes in Freedom Township, OH cost?

Median Sold Price

$275,000

$161/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$87,450(-24.1%)

Key Takeaway

Homes in Freedom Township have sold for 24.1% less than they did a month ago.

Summary: The median home sold price in Freedom Township was $275,000 in May 2024, down 24.1% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $375K$275K
-26.7%
4 $349.9K-
N/A
5+ --
N/A

Summary: Freedom Township housing prices by bedroom type for May 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 decreased by 26.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Freedom Township, OH

How many homes are available in Freedom Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
79+28.6%

Summary: The Freedom Township real estate market had 9 homes for sale in May 2024, a 28.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The Freedom Township housing inventory by bedroom type for May 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Freedom Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Freedom Township in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Freedom Township, OH

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

Average Sale Time

Apr 2024May 2024CHANGE
40 Days29 Days-27.6%

Summary: Homes in Freedom Township had an average of 29 days on market in May 2024, down by 27.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 Freedom Township has remained consistent over time.

Summary: During May 2024, 3 homes were sold in Freedom Township; 33% of homes were sold within 30 days, 67% 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 19 Days Ago

Newest Listings in Freedom Township, OH

Nearby Markets to Freedom Township, OH