$2,731 Closing Credit*
$230,000
1,720 SqFt
3 Beds
•1 Full Bath
Gena Van Orsdale, Listing Office: Keller Williams Legacy Group Realty
Is Lexington Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
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.
Housing Prices in Lexington Township, OH
How much do homes in Lexington Township, OH cost?
Median Sold Price
$215,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$30,250(+16.4%)
Key Takeaway
Homes in Lexington Township have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in Lexington Township was $215,000 in September 2024, up 16.4% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $139K | $140K | +0.7% |
| 3 Bedrooms | $180.5K | $216.6K | +20.0% |
| 4 Bedrooms | $253K | $256.2K | +1.3% |
| 5+ Bedrooms | $178.4K | - | N/A |
Summary: Lexington Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Smith Township | $145K | $180K | +24.1% |
| Lexington Township | $184.7K | $215K | +16.4% |
| Alliance | $140K | $155K | +10.7% |
| Washington Township | $230.8K | $215.9K | -6.5% |
Housing Supply in Lexington Township, OH
How many homes are available in Lexington Township, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Lexington Township real estate market had 12 homes for sale in September 2024, a 9.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lexington Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lexington Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lexington Township in September 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Lexington Township, OH
How long does it take to sell a home in Lexington Township, OH?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 41 Days | 6 Days | -85.4% |
Summary: Homes in Lexington Township had an average of 6 days on market in Sep 2024, down by 85.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lexington Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Lexington Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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