Is Marion Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Marion Township has remained a Seller's Market.
Housing Prices in Marion Township, OH
How much do homes in Marion Township, OH cost?
Median Sold Price
$165,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marion Township was $165,000 in April 2024, down 2.1% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $27.5K | $64.5K | +134.5% |
2 Bedrooms | $110K | $128K | +16.4% |
3 Bedrooms | $155K | $155K | 0.0% |
4 Bedrooms | $325K | $241K | -25.8% |
5+ Bedrooms | $397.9K | $325.9K | -18.1% |
Summary: Marion Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 134.5%, 2 bedroom homes increased by 16.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 25.8%, and 5+ bedroom homes decreased by 18.1%.
Median Sold Price Compared To Nearby Cities
Allen Township | $292.5K | $387.5K | +32.5% |
Findlay | $205K | $220.9K | +7.8% |
Marion Township | $168.5K | $165K | -2.1% |
Jackson Township | $231K | $184.9K | -19.9% |
Housing Supply in Marion Township, OH
How many homes are available in Marion Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
228 | 242 | +6.1% |
Summary: The Marion Township real estate market had 242 homes for sale in April 2024, a 6.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 35 | 37 | +5.7% |
3 Bedrooms | 127 | 130 | +2.4% |
4 Bedrooms | 55 | 60 | +9.1% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Marion Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 48 | -9.4% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Marion Township in April 2024, down by 9.4% month-over-month. Of the 48 sold homes, 52% were sold under asking, 8% were sold at asking, and 40% were sold over asking.
Days on Market for Marion Township, OH
How long does it take to sell a home in Marion Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 23 Days | -33.9% |
Summary: Homes in Marion Township had an average of 23 days on market in Apr 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 48 homes were sold in Marion Township; 73% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.