Is Rush Creek Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Rush Creek Township was a Buyer's Market.
Key Takeaway
Rush Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rush Creek Township, OH
How much do homes in Rush Creek Township, OH cost?
Median Sold Price
$280,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Rush Creek Township have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Rush Creek Township was $280,000 in March 2024, down 2.3% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.5K | - | N/A |
| 2 Bedrooms | $168K | $231K | +37.5% |
| 3 Bedrooms | $290K | $240.6K | -17.0% |
| 4 Bedrooms | $366.5K | $316K | -13.8% |
| 5+ Bedrooms | $482.5K | $357.4K | -25.9% |
Summary: Rush Creek Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 25.9%.
Median Sold Price Compared To Nearby Cities
| Reading Township | $227.9K | $313.5K | +37.6% |
| Marion Township | $159.5K | $162K | +1.6% |
| Rush Creek Township | $286.5K | $280K | -2.3% |
| Jackson Township | $230K | $173.5K | -24.6% |
Housing Supply in Rush Creek Township, OH
How many homes are available in Rush Creek Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Rush Creek Township real estate market had 26 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Rush Creek Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rush Creek Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Rush Creek Township in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Rush Creek Township, OH
How long does it take to sell a home in Rush Creek Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 3 Days | 25 Days | +761.1% |
Summary: Homes in Rush Creek Township had an average of 25 days on market in Mar 2024, up by 761.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rush Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Rush Creek 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.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.