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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Homer Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Homer Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Homer Township, OH cost?

Median Sold Price

$428,500

$201/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

+$148,000(+52.8%)

Key Takeaway

Homes in Homer Township have sold for 52.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 --
N/A
3 $280.5K-
N/A
4 -$428.5K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Homer Township
+52.8%
Spencer Township
-20.2%

How many homes are available in Homer Township, OH?

Number of Homes For Sale

Dec 2022Jan 2023%
34+33.3%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 11
0.0%
5+ 01
+100.0%

Number of Homes Sold

Dec 2022Jan 2023%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Homer Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Dec 2022Jan 2023%
14 Days4 Days-71.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Homer Township, OH

There are 4 homes are for sale in Homer Township, OH real estate market. The inventory of homes for sale in Homer Township, OH between December 2022 and January 2023 increased by 33.3%. In January 2023, listings were on the market for 4 days. During the same period, the median list price in this real estate market was $428,500. From January 2022 through January 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties went up by 0%, 4 bedrooms properties prices increased by 0%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes did not move, 4 bedrooms homes inventory did not change, 5 bedrooms homes became 100% more available. Over 1 listings were sold over their listed price in January 2023 in Homer Township, OH. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.