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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plain Township is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Plain Township was a Seller's Market.

Key Takeaway

Plain Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Plain Township, OH

How much do homes in Plain Township, OH cost?

Median Sold Price

$832,500

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$129,166(+18.4%)

Key Takeaway

Homes in Plain Township have sold for 18.4% more than they did a year ago.

Summary: The median home sold price in Plain Township was $832,500 in February 2024, up 18.4% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $825K-
N/A
2 $477.8K$520.5K
+8.9%
3 $490.7K$540K
+10.0%
4 $728K$975.5K
+34.0%
5+ $1.3M$1.4M
+15.0%

Summary: Plain 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 8.9%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 34%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Cities

Plain Township
+18.4%
Blendon Township
+13.2%
Jefferson Township
+8.5%
Gahanna
0.2%
New Albany
-16.7%

Housing Supply in Plain Township, OH

How many homes are available in Plain Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3642+16.7%

Summary: The Plain Township real estate market had 42 homes for sale in February 2024, a 16.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 1012
+20.0%
4 1515
0.0%
5+ 1012
+20.0%

Summary: The Plain 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 increased by 200%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plain Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Plain Township in February 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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

Feb 2023Feb 2024CHANGE
48 Days5 Days-89.3%

Summary: Homes in Plain Township had an average of 5 days on market in Feb 2024, down by 89.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 6 homes were sold in Plain Township; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in Plain Township, OH

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