Is German 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, German Township has remained a Seller's Market.
Housing Prices in German Township, OH
How much do homes in German Township, OH cost?
Median Sold Price
$244,900
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in German Township was $244,900 in March 2024, down 4% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $159K | $175.5K | +10.4% |
3 Bedrooms | $249.9K | $233K | -6.8% |
4 Bedrooms | $295.5K | $257.4K | -12.9% |
5+ Bedrooms | $437.5K | $416.2K | -4.9% |
Summary: German 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 increased by 10.4%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 4.9%.
Median Sold Price Compared To Nearby Cities
Miamisburg | $205K | $237.3K | +15.8% |
Carlisle | $240K | $277.5K | +15.6% |
Germantown | $245K | $249.9K | +2.0% |
German Township | $255K | $244.9K | -4.0% |
Jackson Township | $200K | $184.9K | -7.5% |
Housing Supply in German Township, OH
How many homes are available in German Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Summary: The German Township real estate market had 19 homes for sale in March 2024, a 5.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 14 | 8 | -42.9% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The German 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 100%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in German Township in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for German Township, OH
How long does it take to sell a home in German Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 122 Days | +60.3% |
Summary: Homes in German Township had an average of 122 days on market in Mar 2024, up by 60.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in German Township; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.