Is Jerusalem Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Jerusalem Township has remained a Seller's Market.
Key Takeaway
Jerusalem Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Jerusalem Township, OH cost?
Median Sold Price
$180,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Jerusalem Township have sold for 11.3% less than they did a year ago.
Summary: The median home sold price in Jerusalem Township was $180,000 in August 2023, down 11.3% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $104K | N/A |
| 2 Bedrooms | $89.4K | $167.8K | +87.6% |
| 3 Bedrooms | $220K | $192K | -12.7% |
| 4 Bedrooms | $302.5K | $470K | +55.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jerusalem Township housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87.6%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 55.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Curtice | $170K | $229K | +34.7% |
| Carroll Township | $140K | $184.4K | +31.8% |
| Allen Township | $170K | $159.9K | -5.9% |
| Jerusalem Township | $202.9K | $180K | -11.3% |
Housing Supply
How many homes are available in Jerusalem Township, OH?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Summary: The Jerusalem Township real estate market had 8 homes for sale in August 2023, a 100.0% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 7 | +133.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jerusalem Township housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 133.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jerusalem Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Jerusalem Township in August 2023, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market
How long does it take to sell a home in Jerusalem Township, OH?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 40 Days | 57 Days | +42.4% |
Summary: Homes in Jerusalem Township had an average of 57 days on market in Aug 2023, up by 42.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jerusalem Township has remained consistent over time.
Summary: During August 2023, 3 homes were sold in Jerusalem Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.