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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Silvercreek Township is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Silvercreek Township, OH cost?

Median Sold Price

$185,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$47,550(+34.6%)

Key Takeaway

Homes in Silvercreek Township have sold for 34.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $45K-
N/A
2 $90.7K$120K
+32.3%
3 $167K$175.5K
+5.1%
4 $197K$260K
+32.0%
5+ $20K-
N/A

Median Sold Price Compared To Nearby Cities

Silvercreek Township
+34.6%
Jamestown
+15.6%
New Jasper Township
+11.7%

How many homes are available in Silvercreek Township, OH?

Number of Homes For Sale

Nov 2022Dec 2022%
1917-10.5%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 54
-20.0%
3 99
0.0%
4 54
-20.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Silvercreek Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
104 Days61 Days-41.2%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Silvercreek Township, OH

Silvercreek Township, OH has 17 homes on the market. In December 2022 in Silvercreek Township, OH there were 10.5% less homes for sale than in November 2022. In December 2022, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $185,000. This housing market listing prices have changed between November 2022 and December 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 32.3%, the cost of 3 bedrooms properties went up by 5.1%, the cost of 4 bedrooms properties went up by 32%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 20% less available, 3 bedrooms homes inventory did not change, volume of 4 bedrooms homes went down by 20%, 5 bedrooms homes did not move. In December 2022, from all listings sold in Silvercreek Township, OH there were more than 1 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price.