Is Rome Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Rome Township was a Seller's Market.
Key Takeaway
Rome Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rome Township, OH
How much do homes in Rome Township, OH cost?
Median Sold Price
$273,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Rome Township have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Rome Township was $273,000 in April 2024, up 13.3% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $267.5K | $175K | -34.6% |
| 3 Bedrooms | $235K | $232.5K | -1.1% |
| 4 Bedrooms | $366.5K | $278K | -24.1% |
| 5+ Bedrooms | $445K | $595K | +33.7% |
Summary: Rome Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes increased by 33.7%.
Median Sold Price Compared To Nearby Cities
| Rome Township | $240.9K | $273K | +13.3% |
| Roaming Shores | $278.5K | $257.5K | -7.5% |
Housing Supply in Rome Township, OH
How many homes are available in Rome Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The Rome Township real estate market had 23 homes for sale in April 2024, a 21.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rome 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rome Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Rome Township in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Rome Township, OH
How long does it take to sell a home in Rome Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 109 Days | 117 Days | +7.7% |
Summary: Homes in Rome Township had an average of 117 days on market in Apr 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rome Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Rome Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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