Is Greenfield 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, Greenfield Township has remained a Seller's Market.
Key Takeaway
Greenfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenfield Township, OH
How much do homes in Greenfield Township, OH cost?
Median Sold Price
$290,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Greenfield Township have sold for 9.6% less than they did a year ago.
Summary: The median home sold price in Greenfield Township was $290,000 in March 2024, down 9.6% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $192K | -18.3% |
| 3 Bedrooms | $300K | $268.5K | -10.5% |
| 4 Bedrooms | $410K | $389.9K | -4.9% |
| 5+ Bedrooms | $650K | $517.2K | -20.4% |
Summary: Greenfield 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 decreased by 18.3%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 20.4%.
Median Sold Price Compared To Nearby Cities
| Lancaster | $195K | $230K | +17.9% |
| Pleasant Township | $281.2K | $320K | +13.8% |
| Carroll | $325K | $363.1K | +11.7% |
| Lancaster City Township | $188.6K | $204.9K | +8.7% |
| Greenfield Township | $320.7K | $290K | -9.6% |
Housing Supply in Greenfield Township, OH
How many homes are available in Greenfield Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 48 | 48 | 0.0% |
Summary: The Greenfield Township real estate market had 48 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Greenfield 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 remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenfield Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Greenfield Township in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Greenfield Township, OH
How long does it take to sell a home in Greenfield Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 15 Days | 87 Days | +467.1% |
Summary: Homes in Greenfield Township had an average of 87 days on market in Mar 2024, up by 467.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Greenfield Township has remained consistent over time.
Summary: During March 2024, 9 homes were sold in Greenfield Township; 22% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.