Is Scioto 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, Scioto Township was a Seller's Market.
Key Takeaway
Scioto 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 Scioto Township, OH
How much do homes in Scioto Township, OH cost?
Median Sold Price
$194,500
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Scioto Township has remained the same since last year.
Summary: The median home sold price in Scioto Township was $194,500 in March 2024, down 0.3% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $96.7K | N/A |
| 2 Bedrooms | $140K | $170K | +21.4% |
| 3 Bedrooms | $187K | $182K | -2.7% |
| 4 Bedrooms | $275K | $257K | -6.5% |
| 5+ Bedrooms | $375K | $170K | -54.7% |
Summary: Scioto 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 21.4%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 54.7%.
Median Sold Price Compared To Nearby Cities
| Springfield Township | $160K | $179.7K | +12.4% |
| Chillicothe | $205K | $215K | +4.9% |
| Scioto Township | $195K | $194.5K | -0.3% |
Housing Supply in Scioto Township, OH
How many homes are available in Scioto Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 44 | +2.3% |
Summary: The Scioto Township real estate market had 44 homes for sale in March 2024, a 2.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Scioto 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 6.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scioto Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Scioto Township in March 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Scioto Township, OH
How long does it take to sell a home in Scioto Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 33 Days | +15.6% |
Summary: Homes in Scioto Township had an average of 33 days on market in Mar 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Scioto Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Scioto Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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.