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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Providence Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Providence Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Providence Township, OH

How much do homes in Providence Township, OH cost?

Median Sold Price

$310,555

$170/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$10,555(+3.5%)

Key Takeaway

Homes in Providence Township have sold for 3.5% more than they did a month ago.

Summary: The median home sold price in Providence Township was $310,555 in April 2024, up 3.5% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $320K-
N/A
3 $280K$310.5K
+10.9%
4 --
N/A
5+ --
N/A

Summary: Providence Township housing prices by bedroom type for April 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 10.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Providence Township, OH

How many homes are available in Providence Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
57+40.0%

Summary: The Providence Township real estate market had 7 homes for sale in April 2024, a 40.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 34
+33.3%
4 13
+200.0%
5+ 00
0.0%

Summary: The Providence Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

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 Providence 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 Providence Township in April 2024, the same as the previous 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 Providence Township, OH

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

Average Sale Time

Mar 2024Apr 2024CHANGE
61 Days39 Days-36.1%

Summary: Homes in Providence Township had an average of 39 days on market in Apr 2024, down by 36.1% compared to last month.

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 Providence Township has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Providence 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 4 Days Ago

Newest Listings in Providence Township, OH

Nearby Markets to Providence Township, OH

What housing markets are near Providence Township, OH?