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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paris Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Paris Township, OH

How much do homes in Paris Township, OH cost?

Median Sold Price

$330,666

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$5,666(+1.7%)

Key Takeaway

Homes in Paris Township have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Paris Township was $330,666 in February 2024, up 1.7% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$459.7K
N/A
2 $174.9K$193K
+10.3%
3 $295K$310K
+5.1%
4 $374.5K$412.5K
+10.1%
5+ $460K$405K
-12.0%

Summary: Paris Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 12%.

Median Sold Price Compared To Nearby Cities

Union Township
+8.5%
Marysville
+4.6%
Dover Township
+4.3%
Paris Township
+1.7%

Housing Supply in Paris Township, OH

How many homes are available in Paris Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7688+15.8%

Summary: The Paris Township real estate market had 88 homes for sale in February 2024, a 15.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1716
-5.9%
3 2131
+47.6%
4 3133
+6.5%
5+ 78
+14.3%

Summary: The Paris Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 47.6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1321+61.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paris Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Paris Township in February 2024, up by 61.5% month-over-month. Of the 20 sold homes, 40% were sold under asking, 35% were sold at asking, and 25% were sold over asking.

Days on Market for Paris Township, OH

How long does it take to sell a home in Paris Township, OH?

Average Sale Time

Feb 2023Feb 2024CHANGE
25 Days27 Days+11.5%

Summary: Homes in Paris Township had an average of 27 days on market in Feb 2024, up by 11.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 21 homes were sold in Paris Township; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

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

Report Updated 27 Days Ago

Newest Listings in Paris Township, OH

Nearby Markets to Paris Township, OH

What housing markets are near Paris Township, OH?