Is Jersey Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jersey Township has remained a Buyer's Market.
Housing Prices in Jersey Township, OH
How much do homes in Jersey Township, OH cost?
Median Sold Price
$462,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jersey Township was $462,500 in March 2024, up 8.4% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $339K | $399K | +17.7% |
3 Bedrooms | $357K | $430K | +20.4% |
4 Bedrooms | $475.1K | $555K | +16.8% |
5+ Bedrooms | - | $694K | N/A |
Summary: Jersey Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.7%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Jersey Township | $426.5K | $462.5K | +8.4% |
Pataskala | $350K | $362.2K | +3.5% |
Saint Albans Township | $388.5K | $400K | +3.0% |
Monroe Township | $390K | $391.2K | 0.3% |
New Albany | $700K | $559.8K | -20.0% |
Housing Supply in Jersey Township, OH
How many homes are available in Jersey Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 25 | +4.2% |
Summary: The Jersey Township real estate market had 25 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jersey Township housing inventory by bedroom type for March 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 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Jersey Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Jersey Township, OH
How long does it take to sell a home in Jersey Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
4 Days | 41 Days | +937.5% |
Summary: Homes in Jersey Township had an average of 41 days on market in Mar 2024, up by 937.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Jersey Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.