Is Galion City 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, Galion City Township has remained a Seller's Market.
Housing Prices in Galion City Township, OH
How much do homes in Galion City Township, OH cost?
Median Sold Price
$135,000
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Galion City Township was $135,000 in March 2024, down 1.5% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $105K | $105K | 0% |
3 Bedrooms | $138K | $143K | +3.6% |
4 Bedrooms | $200K | $219.9K | +10.0% |
5+ Bedrooms | $97.5K | $179.5K | +84.1% |
Summary: Galion City 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 did not change, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 84.1%.
Median Sold Price Compared To Nearby Cities
Galion | $140.9K | $180K | +27.8% |
Jefferson Township | $186.7K | $187.5K | 0.4% |
Galion City Township | $137K | $135K | -1.5% |
Housing Supply in Galion City Township, OH
How many homes are available in Galion City Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Summary: The Galion City Township real estate market had 13 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Galion City 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 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Galion City Township in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Galion City Township, OH
How long does it take to sell a home in Galion City Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
77 Days | 8 Days | -88.8% |
Summary: Homes in Galion City Township had an average of 8 days on market in Mar 2024, down by 88.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Galion City Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.