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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Jackson Township, OH

How much do homes in Jackson Township, OH cost?

Median Sold Price

$350,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$30,498(+9.5%)

Key Takeaway

Homes in Jackson Township have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Jackson Township was $350,000 in March 2024, up 9.5% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $225K$278.4K
+23.8%
2 $228.2K$246K
+7.8%
3 $287K$325.5K
+13.4%
4 $385K$415K
+7.8%
5+ $557K$525K
-5.7%

Summary: Jackson Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 5.7%.

Median Sold Price Compared To Nearby Cities

Franklin Township
+22.5%
Pleasant Township
+11.5%
Jackson Township
+9.5%
Grove City
+4.8%

Housing Supply in Jackson Township, OH

How many homes are available in Jackson Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
202225+11.4%

Summary: The Jackson Township real estate market had 225 homes for sale in March 2024, a 11.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 2630
+15.4%
3 110122
+10.9%
4 5260
+15.4%
5+ 1313
0.0%

Summary: The Jackson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4346+7.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson Township, you could pay more than the asking price. 39.1% of homes here sold above asking price last month.

Summary: A total of 46 homes were sold or pending in Jackson Township in March 2024, up by 7.0% month-over-month. Of the 46 sold homes, 37% were sold under asking, 24% were sold at asking, and 39% were sold over asking.

Days on Market for Jackson Township, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
21 Days61 Days+180.0%

Summary: Homes in Jackson Township had an average of 61 days on market in Mar 2024, up by 180% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 46 homes were sold in Jackson Township; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 20% 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 22 Days Ago

Newest Listings in Jackson Township, OH

Nearby Markets to Jackson Township, OH

What housing markets are near Jackson Township, OH?