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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jerusalem Township is a seller's market

Buyer's
Market

Difference Since May 2021

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.

How much do homes in Jerusalem Township, OH cost?

Median Sold Price

$185,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$48,500(+35.5%)

Key Takeaway

Homes in Jerusalem Township have sold for 35.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $96K$72K
-25.0%
3 $184.9K$199.9K
+8.1%
4 $248K$185K
-25.4%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Jerusalem Township
+35.5%
Curtice
+8.2%
Allen Township
-5.6%

How many homes are available in Jerusalem Township, OH?

Number of Homes For Sale

Apr 2022May 2022%
139-30.8%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 32
-33.3%
3 76
-14.3%
4 31
-66.7%
5+ 00
0.0%

Number of Homes Sold

Apr 2022May 2022%
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jerusalem Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
35 Days36 Days+2.9%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Jerusalem Township, OH

Homes for sale in Jerusalem Township, OH have reached 9. The number of listings in Jerusalem Township, OH decreased by 30.8% between April 2022 and May 2022. While the average time on the market in May 2022 was 36 days, the median list price was $185,000. This housing market listing prices have changed between April 2022 and May 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices decreased by 25%, the cost of 3 bedrooms properties went up by 8.1%, 4 bedrooms properties became 25.4% more cheaper, the cost of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 33.3%, 3 bedrooms homes became 14.3% less available, the quantity of 4 bedrooms homes went down by 66.7%, the quantity of 5 bedrooms homes have not changed. In May 2022, from all listings sold in Jerusalem Township, OH there were more than 2 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.

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