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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry Township is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Henry Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Henry Township, OH

How much do homes in Henry Township, OH cost?

Median Sold Price

$147,100

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$7,900(-5.1%)

Key Takeaway

Homes in Henry Township have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in Henry Township was $147,100 in February 2024, down 5.1% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $59K$87.5K
+48.3%
3 $163.5K$135K
-17.4%
4 $166K$192.5K
+16.0%
5+ --
N/A

Summary: Henry Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.3%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes increased by 16%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Baltimore
+4.0%
Henry Township
-5.1%

Housing Supply in Henry Township, OH

How many homes are available in Henry Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1011+10.0%

Summary: The Henry Township real estate market had 11 homes for sale in February 2024, a 10.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 88
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Henry Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henry Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Henry Township in February 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Henry Township, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
91 Days63 Days-30.3%

Summary: Homes in Henry Township had an average of 63 days on market in Feb 2024, down by 30.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Henry Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 4 homes were sold in Henry Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 28 Days Ago

Newest Listings in Henry Township, OH

Nearby Markets to Henry Township, OH