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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Prairie Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Prairie Township, OH cost?

Median Sold Price

$220,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$15,000(+7.3%)

Key Takeaway

Homes in Prairie Township have sold for 7.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $51.2K$70K
+36.6%
2 $91K$160K
+75.8%
3 $199.9K$220K
+10.0%
4 $253.3K$245K
-3.3%
5+ $235K$400K
+70.2%

Median Sold Price Compared To Nearby Cities

Jefferson Township
+17.6%
Norwich Township
+16.5%
Prairie Township
+7.3%
Brown Township
-1.2%
Franklin Township
-4.5%

How many homes are available in Prairie Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
5543-21.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 01
+100.0%
2 64
-33.3%
3 3832
-15.8%
4 116
-45.5%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
2013-35.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Prairie Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
8 Days8 Days+9.7%

Breakdown of Home Sale Times

13 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 Prairie Township are selling fast, if you're buying plan to act quickly.

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

About Prairie Township, OH

Prairie Township, OH has 43 homes for sale to choose from. The inventory of homes for sale in Prairie Township, OH between October 2022 and November 2022 decreased by 21.8%. Listings spent 8 days on the market in November 2022, and had a median list price of $220,000 during the same period. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 36.6% more expensive, 2 bedrooms properties prices increased by 75.8%, prices of 3 bedrooms properties went up by 10%, prices of 4 bedrooms properties decreased by 3.3%, 5 bedrooms properties became 70.2% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 100%, number of 2 bedrooms homes decreased by 33.3%, 3 bedrooms homes inventory decreased by 15.8%, number of 4 bedrooms homes decreased by 45.5%, 5 bedrooms homes did not move. Over 6 listings were sold over their listed price in November 2022 in Prairie Township, OH. In the same period over 7 listings were sold below the listed price and 0 listings were sold for the listed price.

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