Is Plain 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, Plain Township has remained a Seller's Market.
Housing Prices in Plain Township, OH
How much do homes in Plain Township, OH cost?
Median Sold Price
$807,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Plain Township was $807,000 in March 2024, up 14.5% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $825K | - | N/A |
2 Bedrooms | $482.9K | $518.4K | +7.3% |
3 Bedrooms | $482.8K | $540K | +11.8% |
4 Bedrooms | $745K | $962.5K | +29.2% |
5+ Bedrooms | $1.3M | $1.4M | +10.4% |
Summary: Plain 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 increased by 7.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Cities
Plain Township | $705K | $807K | +14.5% |
Blendon Township | $285K | $325K | +14.0% |
Jefferson Township | $355K | $390K | +9.9% |
Gahanna | $341.2K | $350K | +2.6% |
New Albany | $700K | $559.8K | -20.0% |
Housing Supply in Plain Township, OH
How many homes are available in Plain Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 57 | +29.5% |
Summary: The Plain Township real estate market had 57 homes for sale in March 2024, a 29.5% 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 | 3 | 6 | +100.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 15 | 22 | +46.7% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Plain 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Plain Township in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Plain Township, OH
How long does it take to sell a home in Plain Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 18 Days | -11.2% |
Summary: Homes in Plain Township had an average of 18 days on market in Mar 2024, down by 11.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Plain Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.