Is Granger 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, Granger Township was a Neutral Market.
Key Takeaway
Granger Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Granger Township, OH
How much do homes in Granger Township, OH cost?
Median Sold Price
$492,500
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Granger Township have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Granger Township was $492,500 in March 2024, up 1.5% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $198.3K | +46.9% |
| 3 Bedrooms | $425K | $390.5K | -8.1% |
| 4 Bedrooms | $635.3K | $524.7K | -17.4% |
| 5+ Bedrooms | $699.9K | $579K | -17.3% |
Summary: Granger 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 46.9%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 17.3%.
Median Sold Price Compared To Nearby Cities
| Hinckley | $410K | $470K | +14.6% |
| Hinckley Township | $410K | $470K | +14.6% |
| Granger Township | $485K | $492.5K | +1.5% |
| Bath Township | $457K | $455.2K | -0.4% |
| Richfield Township | $525K | $512.4K | -2.4% |
Housing Supply in Granger Township, OH
How many homes are available in Granger Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Granger Township real estate market had 11 homes for sale in March 2024, a 10.0% increase 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Granger 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, 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
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granger 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 Granger Township in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Granger Township, OH
How long does it take to sell a home in Granger Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 80 Days | +34.5% |
Summary: Homes in Granger Township had an average of 80 days on market in Mar 2024, up by 34.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Granger Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Granger Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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