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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Russia Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, New Russia Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in New Russia Township, OH cost?

Median Sold Price

$186,500

$119/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

-$48,500(-20.6%)

Key Takeaway

Homes in New Russia Township have sold for 20.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 --
N/A
3 $251.5K$186.5K
-25.8%
4 $199K-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

South Amherst
+3.6%
New Russia Township
-20.6%

How many homes are available in New Russia Township, OH?

Number of Homes For Sale

Dec 2022Jan 2023%
62-66.7%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 52
-60.0%
4 10
-100.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Russia Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Dec 2022Jan 2023%
31 Days128 Days+312.9%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in New Russia Township are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About New Russia Township, OH

There are 2 homes are for sale in New Russia Township, OH real estate market. The number of listings in New Russia Township, OH decreased by 66.7% between December 2022 and January 2023. While the average time on the market in January 2023 was 128 days, the median list price was $186,500. This housing market listing prices have changed between January 2022 and January 2023: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties went down by 25.8%, 4 bedrooms properties prices increased by 0%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went down by 60%, number of 4 bedrooms homes decreased by 100%, number of 5 bedrooms homes remained the same. In January 2023, from all listings sold in New Russia Township, OH there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.

Related Housing Market Reports