Is New Russia Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
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
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $251.5K | $186.5K | -25.8% |
| 4 Bedrooms | $199K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Median Sold Price Compared To Nearby Cities
| South Amherst | $287.5K | $297.9K | +3.6% |
| New Russia Township | $235K | $186.5K | -20.6% |
How many homes are available in New Russia Township, OH?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 6 | 2 | -66.7% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 5 | 1 | -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
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 2022 | Jan 2023 | % |
|---|---|---|
| 31 Days | 128 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
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.
