Is Island Creek Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Island Creek Township has remained a Seller's Market.
Key Takeaway
Island Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Island Creek Township, OH
How much do homes in Island Creek Township, OH cost?
Median Sold Price
$165,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Island Creek Township have sold for 17.9% more than they did a year ago.
Summary: The median home sold price in Island Creek Township was $165,000 in April 2024, up 17.9% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67.3K | $29K | -57.0% |
| 2 Bedrooms | $83.5K | $117K | +40.1% |
| 3 Bedrooms | $157.2K | $162.5K | +3.3% |
| 4 Bedrooms | $300K | $201K | -33.0% |
| 5+ Bedrooms | $199K | $117.5K | -41.0% |
Summary: Island Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57%, 2 bedroom homes increased by 40.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 33%, and 5+ bedroom homes decreased by 41%.
Median Sold Price Compared To Nearby Cities
| Island Creek Township | $140K | $165K | +17.9% |
| Steubenville | $130K | $143.8K | +10.7% |
| Toronto | $125.2K | $131K | +4.6% |
| Cross Creek Township | $155K | $160K | +3.2% |
| Wintersville | $157.5K | $144.4K | -8.3% |
Housing Supply in Island Creek Township, OH
How many homes are available in Island Creek Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Summary: The Island Creek Township real estate market had 38 homes for sale in April 2024, a 2.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Island Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Island Creek Township, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Island Creek Township in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Island Creek Township, OH
How long does it take to sell a home in Island Creek Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 64 Days | 122 Days | +89.1% |
Summary: Homes in Island Creek Township had an average of 122 days on market in Apr 2024, up by 89.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Island Creek Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 9 homes were sold in Island Creek Township; 22% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.
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