Is Sandusky Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Sandusky Township has remained a Seller's Market.
Key Takeaway
Sandusky Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sandusky Township, OH
How much do homes in Sandusky Township, OH cost?
Median Sold Price
$154,083
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sandusky Township have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Sandusky Township was $154,083 in March 2024, up 2.7% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | $144.2K | +28.2% |
| 2 Bedrooms | $96K | $108.2K | +12.8% |
| 3 Bedrooms | $149.2K | $160K | +7.2% |
| 4 Bedrooms | $202.4K | $193.1K | -4.6% |
| 5+ Bedrooms | $132K | $307.5K | +133.0% |
Summary: Sandusky Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.2%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 133%.
Median Sold Price Compared To Nearby Cities
| Galion | $140.9K | $180K | +27.8% |
| Sandusky Township | $150K | $154K | +2.7% |
| Springfield Township | $180K | $180.5K | 0.3% |
Housing Supply in Sandusky Township, OH
How many homes are available in Sandusky Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 113 | 127 | +12.4% |
Summary: The Sandusky Township real estate market had 127 homes for sale in March 2024, a 12.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 37 | 31 | -16.2% |
| 3 Bedrooms | 45 | 62 | +37.8% |
| 4 Bedrooms | 24 | 25 | +4.2% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Sandusky 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 decreased by 16.2%, 3 bedroom homes increased by 37.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 23 | -23.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sandusky Township, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Sandusky Township in March 2024, down by 23.3% month-over-month. Of the 23 sold homes, 35% were sold under asking, 22% were sold at asking, and 43% were sold over asking.
Days on Market for Sandusky Township, OH
How long does it take to sell a home in Sandusky Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 48 Days | -5.0% |
Summary: Homes in Sandusky Township had an average of 48 days on market in Mar 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sandusky Township has remained consistent over time.
Summary: During March 2024, 23 homes were sold in Sandusky Township; 35% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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