Is Newberry Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Newberry Township was a Neutral Market.
Housing Prices in Newberry Township, OH
How much do homes in Newberry Township, OH cost?
Median Sold Price
$170,450
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Newberry Township was $170,450 in February 2024, up 3.3% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $104K | $60K | -42.3% |
2 Bedrooms | $113K | $122.7K | +8.6% |
3 Bedrooms | $188.6K | $170.4K | -9.6% |
4 Bedrooms | $164.9K | $210K | +27.3% |
5+ Bedrooms | $225.5K | $331.2K | +46.9% |
Summary: Newberry Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.3%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 46.9%.
Median Sold Price Compared To Nearby Cities
Bradford | $87K | $152.5K | +75.3% |
Covington | $164.9K | $193.4K | +17.3% |
Newberry Township | $165K | $170.4K | +3.3% |
Bradford | $150K | $152.5K | +1.7% |
Housing Supply in Newberry Township, OH
How many homes are available in Newberry Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Summary: The Newberry Township real estate market had 9 homes for sale in February 2024, a 10.0% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 3 | 1 | -66.7% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Newberry Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Newberry Township in February 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Newberry Township, OH
How long does it take to sell a home in Newberry Township, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
29 Days | 90 Days | +211.5% |
Summary: Homes in Newberry Township had an average of 90 days on market in Feb 2024, up by 211.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Newberry Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.