Is Richmond Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Richmond Township has remained a Seller's Market.
Key Takeaway
Richmond Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Richmond Township, OH
How much do homes in Richmond Township, OH cost?
Median Sold Price
$191,750
$118/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Richmond Township have sold for 553.3% more than they did a month ago.
Summary: The median home sold price in Richmond Township was $191,750 in June 2024, up 553.3% from last month, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $29.3K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $191.7K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Richmond Township housing prices by bedroom type for June 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Richmond Township, OH
How many homes are available in Richmond Township, OH?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Richmond Township real estate market had 4 homes for sale in June 2024, a 20.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Richmond Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richmond 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 Richmond Township in June 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Richmond Township, OH
How long does it take to sell a home in Richmond Township, OH?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 27 Days | 23 Days | -14.8% |
Summary: Homes in Richmond Township had an average of 23 days on market in Jun 2024, down by 14.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Richmond Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 2 homes were sold in Richmond Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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