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 May 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

$190,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$16,500(-8.0%)

Key Takeaway

Homes in Jackson Township have sold for 8% less than they did a year ago.

Summary: The median home sold price in Jackson Township was $190,000 in May 2024, down 8% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $38.5K$278.4K
+623.4%
2 $145K$124.9K
-13.9%
3 $218.7K$190K
-13.1%
4 $275K$255.5K
-7.1%
5+ $135K$282K
+108.9%

Summary: Jackson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 623.4%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 108.9%.

Median Sold Price Compared To Nearby Cities

Liberty Township
+7.1%
Jackson Township
-8.0%

Housing Supply in Jackson Township, OH

How many homes are available in Jackson Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1914-26.3%

Summary: The Jackson Township real estate market had 14 homes for sale in May 2024, a 26.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 99
0.0%
4 52
-60.0%
5+ 42
-50.0%

Summary: The Jackson Township housing inventory by bedroom type for May 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 decreased by 60%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 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 Jackson Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Jackson Township in May 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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

May 2023May 2024CHANGE
87 Days113 Days+29.3%

Summary: Homes in Jackson Township had an average of 113 days on market in May 2024, up by 29.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jackson Township has remained consistent over time.

Summary: During May 2024, 5 homes were sold in Jackson Township; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 16 Days Ago

Newest Listings in Jackson Township, OH

Nearby Markets to Jackson Township, OH