Is Pease Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Pease Township has remained a Seller's Market.
Key Takeaway
Pease Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pease Township, OH
How much do homes in Pease Township, OH cost?
Median Sold Price
$90,000
$62/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pease Township have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Pease Township was $90,000 in March 2024, down 0.6% from last year, and the median price per square foot was $62.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $44.5K | +48.3% |
| 2 Bedrooms | $70.7K | $66K | -6.7% |
| 3 Bedrooms | $112K | $112.5K | 0.4% |
| 4 Bedrooms | $90K | $125K | +38.9% |
| 5+ Bedrooms | $120K | $204.9K | +70.8% |
Summary: Pease Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.3%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes increased by 70.8%.
Median Sold Price Compared To Nearby Cities
| Martins Ferry | $94.9K | $106.5K | +12.2% |
| Pease Township | $90.5K | $90K | -0.6% |
| Bridgeport | $92.3K | $90K | -2.5% |
Housing Supply in Pease Township, OH
How many homes are available in Pease Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 47 | +11.9% |
Summary: The Pease Township real estate market had 47 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 22 | 27 | +22.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pease Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 22.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pease Township, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Pease Township in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for Pease Township, OH
How long does it take to sell a home in Pease Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 67 Days | 89 Days | +33.2% |
Summary: Homes in Pease Township had an average of 89 days on market in Mar 2024, up by 33.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pease Township has remained consistent over time.
Summary: During March 2024, 12 homes were sold in Pease Township; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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