Is New London Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, New London Township was a Seller's Market.
Housing Prices in New London Township, OH
How much do homes in New London Township, OH cost?
Median Sold Price
$171,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in New London Township was $171,000 in June 2024, up 3.6% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $89.5K | N/A |
2 Bedrooms | $127K | $101.5K | -20.1% |
3 Bedrooms | $150K | $177.5K | +18.3% |
4 Bedrooms | $189K | $182.8K | -3.3% |
5+ Bedrooms | $182.5K | $181K | -0.8% |
Summary: New London Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.1%, 3 bedroom homes increased by 18.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
New London | $162.5K | $171K | +5.2% |
New London Township | $165K | $171K | +3.6% |
Housing Supply in New London Township, OH
How many homes are available in New London Township, OH?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Summary: The New London Township real estate market had 8 homes for sale in June 2024, a 33.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 10 | 6 | -40.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The New London Township housing inventory by bedroom type for June 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 40%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in New London Township in June 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for New London Township, OH
How long does it take to sell a home in New London Township, OH?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
56 Days | 28 Days | -50.0% |
Summary: Homes in New London Township had an average of 28 days on market in Jun 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 1 homes were sold in New London 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.