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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scioto Township is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Scioto Township has remained a Buyer's Market.

Key Takeaway

Scioto Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Scioto Township, OH

How much do homes in Scioto Township, OH cost?

Median Sold Price

$515,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$40,000(+8.4%)

Key Takeaway

Homes in Scioto Township have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Scioto Township was $515,000 in February 2024, up 8.4% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$100K
N/A
2 $185K$245K
+32.4%
3 $350K$479.9K
+37.1%
4 $568.7K$529.9K
-6.8%
5+ $524K$565K
+7.8%

Summary: Scioto Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.4%, 3 bedroom homes increased by 37.1%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Cities

Scioto Township
+8.4%
Ostrander
+8.4%
Delaware Township
+3.8%
Delaware City Township
+1.1%

Housing Supply in Scioto Township, OH

How many homes are available in Scioto Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2731+14.8%

Summary: The Scioto Township real estate market had 31 homes for sale in February 2024, a 14.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1213
+8.3%
4 811
+37.5%
5+ 33
0.0%

Summary: The Scioto Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scioto 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 3 homes were sold or pending in Scioto Township in February 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Feb 2023Feb 2024CHANGE
392 Days31 Days-92.1%

Summary: Homes in Scioto Township had an average of 31 days on market in Feb 2024, down by 92.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Scioto Township has remained consistent over time.

Summary: During February 2024, 3 homes were sold in Scioto Township; 33% of homes were sold within 30 days, 67% 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 27 Days Ago

Newest Listings in Scioto Township, OH

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