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 neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Sandy Township was a Seller's Market.

Key Takeaway

Sandy Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sandy Township, OH

How much do homes in Sandy Township, OH cost?

Median Sold Price

$135,950

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$19,800(-12.7%)

Key Takeaway

Homes in Sandy Township have sold for 12.7% less than they did a year ago.

Summary: The median home sold price in Sandy Township was $135,950 in March 2024, down 12.7% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $61.2K$118.4K
+93.4%
3 $157K$177.4K
+13.0%
4 $187K$129.9K
-30.5%
5+ -$195.5K
N/A

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 93.4%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 30.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lawrence Township
+6.9%
Sandy Township
-12.7%

Housing Supply in Sandy Township, OH

How many homes are available in Sandy Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
16+500.0%

Summary: The Sandy Township real estate market had 6 homes for sale in March 2024, a 500.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 02
+100.0%
4 01
+100.0%
5+ 01
+100.0%

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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Sandy Township in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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
44 Days2 Days-95.5%

Summary: Homes in Sandy Township had an average of 2 days on market in Mar 2024, down by 95.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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, 1 homes were sold in Sandy Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

Newest Listings in Sandy Township, OH

Nearby Markets to Sandy Township, OH

What housing markets are near Sandy Township, OH?