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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Napoleon Township is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Napoleon Township, OH cost?

Median Sold Price

$153,000

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$19,800(+14.9%)

Key Takeaway

Homes in Napoleon Township have sold for 14.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $120K$104K
-13.3%
3 $131.4K$157.1K
+19.5%
4 $182.5K$184.9K
+1.3%
5+ $217.2K$209.1K
-3.7%

Median Sold Price Compared To Nearby Cities

Napoleon Township
+14.9%
Napoleon
+14.9%

How many homes are available in Napoleon Township, OH?

Number of Homes For Sale

Apr 2022May 2022%
2528+12.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 43
-25.0%
3 1115
+36.4%
4 89
+12.5%
5+ 21
-50.0%

Number of Homes Sold

Apr 2022May 2022%
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Napoleon Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
65 Days46 Days-28.6%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 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 Napoleon Township has remained consistent over time.

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

About Napoleon Township, OH

Number of homes for sale in Napoleon Township, OH real estate market have reached 28. The number of homes for sale in Napoleon Township, OH increased by 12% between April 2022 and May 2022. The median list price of listings available in May 2022 was $153,000, while the average time on the real estate market was 46 days. Listing prices have changed in this real estate market between April 2022 and May 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 13.3% more cheaper, 3 bedrooms properties became 19.5% more expensive, 4 bedrooms properties became 1.3% more expensive, prices of 5 bedrooms properties decreased by 3.7%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 25%, volume of 3 bedrooms homes went up by 36.4%, number of 4 bedrooms homes increased by 12.5%, volume of 5 bedrooms homes went down by 50%. While more than 4 listings in Napoleon Township, OH in May 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.

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