Is Napoleon Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
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.
Housing Prices in Napoleon Township, OH
How much do homes in Napoleon Township, OH cost?
Median Sold Price
$175,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Napoleon Township have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Napoleon Township was $175,000 in March 2024, up 6.9% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $128.9K | $99K | -23.2% |
| 3 Bedrooms | $160K | $178.5K | +11.6% |
| 4 Bedrooms | $198K | $185.7K | -6.2% |
| 5+ Bedrooms | $240.6K | $308.8K | +28.3% |
Summary: Napoleon Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.2%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 28.3%.
Median Sold Price Compared To Nearby Cities
| Napoleon | $162.4K | $175K | +7.8% |
| Napoleon Township | $163.7K | $175K | +6.9% |
Housing Supply in Napoleon Township, OH
How many homes are available in Napoleon Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Napoleon Township real estate market had 26 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Napoleon Township housing inventory by bedroom type for March 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 10.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Napoleon Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Napoleon Township in March 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Napoleon Township, OH
How long does it take to sell a home in Napoleon Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 203 Days | 88 Days | -56.3% |
Summary: Homes in Napoleon Township had an average of 88 days on market in Mar 2024, down by 56.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Napoleon Township has remained consistent over time.
Summary: During March 2024, 7 homes were sold in Napoleon Township; 0% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.