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 Last Month

Since last month, 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.

Housing Prices in Prairie Township, OH

How much do homes in Prairie Township, OH cost?

Median Sold Price

$255,000

$149/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$33,500(+15.1%)

Key Takeaway

Homes in Prairie Township have sold for 15.1% more than they did a month ago.

Summary: The median home sold price in Prairie Township was $255,000 in September 2024, up 15.1% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $208K$255K
+22.6%
4 $235K-
N/A
5+ --
N/A

Summary: Prairie Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 22.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Prairie Township
+15.1%
Holmesville
+15.1%
Fredericksburg
+0.8%

Housing Supply in Prairie Township, OH

How many homes are available in Prairie Township, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
53-40.0%

Summary: The Prairie Township real estate market had 3 homes for sale in September 2024, a 40.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 10
-100.0%
5+ 11
0.0%

Summary: The Prairie Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Prairie Township in September 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Prairie Township, OH

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

Average Sale Time

Aug 2024Sep 2024CHANGE
4 Days7 Days+75.0%

Summary: Homes in Prairie Township had an average of 7 days on market in Sep 2024, up by 75% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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.

Summary: During September 2024, 1 homes were sold in Prairie 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 12 Days Ago

Newest Listings in Prairie Township, OH

Nearby Markets to Prairie Township, OH