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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lexington Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Lexington Township, OH cost?

Median Sold Price

$175,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$31,500(+22.0%)

Key Takeaway

Homes in Lexington Township have sold for 22% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$60K
N/A
2 $110.5K$110K
-0.5%
3 $141.7K$185K
+30.6%
4 $187.5K$200K
+6.7%
5+ $280K-
N/A

Median Sold Price Compared To Nearby Cities

Lexington Township
+22.0%
Alliance
+16.3%
Smith Township
+11.4%
Washington Township
-5.6%

How many homes are available in Lexington Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
1811-38.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 20
-100.0%
2 11
0.0%
3 127
-41.7%
4 33
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
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 Lexington Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
67 Days27 Days-59.8%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Lexington Township, OH

There are 11 homes are for sale in Lexington Township, OH real estate market. The inventory of homes for sale in Lexington Township, OH between October 2022 and November 2022 decreased by 38.9%. Listings spent 27 days on the market in November 2022, and had a median list price of $175,000 during the same period. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went down by 0.5%, prices of 3 bedrooms properties went up by 30.6%, 4 bedrooms properties became 6.7% more expensive, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes became 100% less available, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 41.7% less available, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes did not move. In November 2022, from all listings sold in Lexington Township, OH there were more than 1 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price.

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