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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton Township is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Newton Township, OH cost?

Median Sold Price

$208,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$23,000(+12.4%)

Key Takeaway

Homes in Newton Township have sold for 12.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $97.5K-
N/A
2 -$169.9K
N/A
3 $225K$204K
-9.3%
4 $129.9K$292.5K
+125.1%
5+ -$510K
N/A

Median Sold Price Compared To Nearby Cities

Union Township
+21.4%
Newton Township
+12.4%
Pleasant Hill
+12.1%
Bradford
0.2%
Newberry Township
-1.8%

How many homes are available in Newton Township, OH?

Number of Homes For Sale

Nov 2022Dec 2022%
53-40.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 10
-100.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Dec 2021Dec 2022%
85 Days96 Days+12.9%

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 Newton 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 Newton Township, OH

Newton Township, OH has 3 homes for sale to choose from. The inventory of homes for sale in Newton Township, OH between November 2022 and December 2022 decreased by 40%. The median list price of listings available in December 2022 was $208,000, while the average time on the real estate market was 96 days. Listing prices have changed in this real estate market between November 2022 and December 2022: 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 9.3%, 4 bedrooms properties prices increased by 125.1%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, 3 bedrooms homes inventory decreased by 25%, volume of 4 bedrooms homes went down by 100%, the quantity of 5 bedrooms homes have not changed. In December 2022, from all listings sold in Newton Township, OH there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.

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