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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orange Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Orange Township, OH cost?

Median Sold Price

$448,666

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$38,433(+9.4%)

Key Takeaway

Homes in Orange Township have sold for 9.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $245.5K$287.5K
+17.1%
3 $332K$381K
+14.8%
4 $450K$507.6K
+12.8%
5+ $575K$663.5K
+15.4%

Median Sold Price Compared To Nearby Cities

Lewis Center
+11.9%
Columbus City Township
+11.8%
Orange Township
+9.4%
Westerville
+8.0%
Westerville City Township
+6.4%

How many homes are available in Orange Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
11194-15.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 1214
+16.7%
3 3727
-27.0%
4 4942
-14.3%
5+ 1210
-16.7%

Number of Homes Sold

Oct 2022Nov 2022%
4229-31.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orange Township, you could pay more than the asking price. 44.8% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
23 Days30 Days+29.4%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Orange Township are selling fast, if you're buying plan to act quickly.

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

About Orange Township, OH

Homes for sale in Orange Township, OH have reached 94. The number of listings in Orange Township, OH decreased by 15.3% between October 2022 and November 2022. Listings spent 30 days on the market in November 2022, and had a median list price of $448,666 during the same period. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 17.1%, 3 bedrooms properties became 14.8% more expensive, the cost of 4 bedrooms properties went up by 12.8%, 5 bedrooms properties became 15.4% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 16.7%, the quantity of 3 bedrooms homes went down by 27%, number of 4 bedrooms homes decreased by 14.3%, volume of 5 bedrooms homes went down by 16.7%. In November 2022 more than 13 listings in Orange Township, OH were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 10 were sold below.

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