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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perry Township is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Perry Township was a Neutral Market.

Key Takeaway

Perry Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Perry Township, OH

How much do homes in Perry Township, OH cost?

Median Sold Price

$250,000

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$26,035(-9.4%)

Key Takeaway

Homes in Perry Township have sold for 9.4% less than they did a year ago.

Summary: The median home sold price in Perry Township was $250,000 in February 2024, down 9.4% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $120K-
N/A
2 $235K$175K
-25.5%
3 $282.3K$240K
-15.0%
4 $287K$307.5K
+7.1%
5+ $289.9K$560K
+93.2%

Summary: Perry 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 decreased by 25.5%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 93.2%.

Median Sold Price Compared To Nearby Cities

Bedford Township
+9.2%
Perry Township
-9.4%

Housing Supply in Perry Township, OH

How many homes are available in Perry Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
16160.0%

Summary: The Perry Township real estate market had 16 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 911
+22.2%
4 43
-25.0%
5+ 11
0.0%

Summary: The Perry 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 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Perry Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Perry Township in February 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Perry Township, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
75 Days54 Days-28.0%

Summary: Homes in Perry Township had an average of 54 days on market in Feb 2024, down by 28% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Perry Township has remained consistent over time.

Summary: During February 2024, 2 homes were sold in Perry Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 Perry Township, OH

Nearby Markets to Perry Township, OH