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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandy Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Sandy Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sandy Township, OH

How much do homes in Sandy Township, OH cost?

Median Sold Price

$174,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$41,250(+31.1%)

Key Takeaway

Homes in Sandy Township have sold for 31.1% more than they did a year ago.

Summary: The median home sold price in Sandy Township was $174,000 in March 2024, up 31.1% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $115K$119.9K
+4.3%
3 $130K$194K
+49.2%
4 $172.4K$235K
+36.3%
5+ $395K$70K
-82.3%

Summary: Sandy 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 4.3%, 3 bedroom homes increased by 49.2%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes decreased by 82.3%.

Housing Supply in Sandy Township, OH

How many homes are available in Sandy Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
98-11.1%

Summary: The Sandy Township real estate market had 8 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Sandy 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sandy Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Sandy Township in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for Sandy Township, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
103 Days56 Days-45.4%

Summary: Homes in Sandy Township had an average of 56 days on market in Mar 2024, down by 45.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sandy Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in Sandy Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 25 Days Ago

Newest Listings in Sandy Township, OH

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