Is Montgomery 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, Montgomery Township has remained a Seller's Market.
Key Takeaway
Montgomery Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montgomery Township, OH
How much do homes in Montgomery Township, OH cost?
Median Sold Price
$440,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Key Takeaway
Homes in Montgomery Township have sold for 144.6% more than they did a year ago.
Summary: The median home sold price in Montgomery Township was $440,000 in September 2024, up 144.6% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $124.9K | $130K | +4.1% |
| 3 Bedrooms | $175.9K | $331.5K | +88.4% |
| 4 Bedrooms | $258.7K | $770K | +197.6% |
| 5+ Bedrooms | $1.2M | $924.4K | -24.2% |
Summary: Montgomery 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 4.1%, 3 bedroom homes increased by 88.4%, 4 bedroom homes increased by 197.6%, and 5+ bedroom homes decreased by 24.2%.
Median Sold Price Compared To Nearby Cities
| Montgomery Township | $179.9K | $440K | +144.6% |
| Bowling Green Township | $255K | $267.2K | +4.8% |
Housing Supply in Montgomery Township, OH
How many homes are available in Montgomery Township, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The Montgomery Township real estate market had 6 homes for sale in September 2024, a 20.0% 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 | 1 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Montgomery 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 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 Montgomery Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Montgomery Township in September 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Montgomery Township, OH
How long does it take to sell a home in Montgomery Township, OH?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 57 Days | 198 Days | +244.3% |
Summary: Homes in Montgomery Township had an average of 198 days on market in Sep 2024, up by 244.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Montgomery Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 4 homes were sold in Montgomery Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
