Is Palmyra Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Palmyra Township was a Buyer's Market.
Housing Prices in Palmyra Township, OH
How much do homes in Palmyra Township, OH cost?
Median Sold Price
$250,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Palmyra Township was $250,000 in March 2024, up 2.1% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $244.9K | $106.7K | -56.4% |
3 Bedrooms | $200K | $252.5K | +26.3% |
4 Bedrooms | $295K | $310K | +5.1% |
5+ Bedrooms | $250K | $201K | -19.6% |
Summary: Palmyra Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 56.4%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 19.6%.
Median Sold Price Compared To Nearby Cities
Lake Milton | $199K | $210K | +5.5% |
Palmyra Township | $244.9K | $250K | +2.1% |
Edinburg Township | $350K | $217.5K | -37.9% |
Housing Supply in Palmyra Township, OH
How many homes are available in Palmyra Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Summary: The Palmyra Township real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Palmyra Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Palmyra Township in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Palmyra Township, OH
How long does it take to sell a home in Palmyra Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
98 Days | 53 Days | -45.6% |
Summary: Homes in Palmyra Township had an average of 53 days on market in Mar 2024, down by 45.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Palmyra Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.