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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newberry Township is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Newberry Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Newberry Township, OH cost?

Median Sold Price

$165,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$10,000(+6.5%)

Key Takeaway

Homes in Newberry Township have sold for 6.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$104K
N/A
2 $136.4K$115.5K
-15.3%
3 $145.9K$210K
+43.9%
4 $175K$172.4K
-1.5%
5+ $224.4K$150K
-33.2%

Median Sold Price Compared To Nearby Cities

Newberry Township
+6.5%
Covington
+2.0%

How many homes are available in Newberry Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
1314+7.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 21
-50.0%
3 811
+37.5%
4 21
-50.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newberry Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
82 Days86 Days+4.9%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Newberry Township has remained consistent over time.

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

About Newberry Township, OH

There are 14 homes are for sale in Newberry Township, OH real estate market. The number of listings in Newberry Township, OH increased by 7.7% between October 2022 and November 2022. Listings spent 86 days on the market in November 2022, and had a median list price of $165,000 during the same period. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 15.3% more cheaper, 3 bedrooms properties prices increased by 43.9%, 4 bedrooms properties prices decreased by 1.5%, the cost of 5 bedrooms properties went down by 33.2%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes became 50% less available, the quantity of 3 bedrooms homes went up by 37.5%, 4 bedrooms homes inventory decreased by 50%, 5 bedrooms homes did not move. In November 2022, from all listings sold in Newberry Township, OH there were more than 1 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price.