$1,128 Closing Credit*
$95,000
1,390 SqFt
4 Beds
•1 Full Bath, 1 Partial
#224038900, Eric S McCollum, Listing Office: Red 1 Realty
Is Newark Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Newark Township has remained a Seller's Market.
Key Takeaway
Newark Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newark Township, OH
How much do homes in Newark Township, OH cost?
Median Sold Price
$236,416
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$6,036(+2.6%)
Key Takeaway
Homes in Newark Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Newark Township was $236,416 in December 2024, up 2.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | $112.9K | -3.5% |
| 2 Bedrooms | $160K | $181K | +13.1% |
| 3 Bedrooms | $239.9K | $234K | -2.5% |
| 4 Bedrooms | $300K | $335K | +11.7% |
| 5+ Bedrooms | $340K | $378K | +11.2% |
Summary: Newark Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 13.1%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 11.2%.
Median Sold Price Compared To Nearby Cities
| Newton Township | $250K | $285K | +14.0% |
| Granville Township | $440.8K | $485K | +10.0% |
| Newark | $230.4K | $236.8K | +2.8% |
| Newark Township | $230.3K | $236.4K | +2.6% |
| Madison Township | $205K | $210K | +2.4% |
Housing Supply in Newark Township, OH
How many homes are available in Newark Township, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 213 | 186 | -12.7% |
Summary: The Newark Township real estate market had 186 homes for sale in December 2024, a 12.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 41 | 35 | -14.6% |
| 3 Bedrooms | 120 | 109 | -9.2% |
| 4 Bedrooms | 41 | 37 | -9.8% |
| 5+ Bedrooms | 10 | 4 | -60.0% |
Summary: The Newark Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.6%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 63 | 59 | -6.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newark Township, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in Newark Township in December 2024, down by 6.3% month-over-month. Of the 59 sold homes, 41% were sold under asking, 27% were sold at asking, and 32% were sold over asking.
Days on Market for Newark Township, OH
How long does it take to sell a home in Newark Township, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 31 Days | 24 Days | -23.4% |
Summary: Homes in Newark Township had an average of 24 days on market in Dec 2024, down by 23.4% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newark Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 59 homes were sold in Newark Township; 73% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Copyright 2025 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.