Is Southington Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Southington Township was a Seller's Market.
Housing Prices in Southington Township, OH
How much do homes in Southington Township, OH cost?
Median Sold Price
$257,500
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Southington Township was $257,500 in February 2024, up 12% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $250K | N/A |
2 Bedrooms | $191.5K | $135K | -29.5% |
3 Bedrooms | $230K | $244.7K | +6.4% |
4 Bedrooms | $245K | $306K | +24.9% |
5+ Bedrooms | $210K | $299.9K | +42.8% |
Summary: Southington 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 decreased by 29.5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 24.9%, and 5+ bedroom homes increased by 42.8%.
Median Sold Price Compared To Nearby Cities
Southington Township | $230K | $257.5K | +12.0% |
Champion Township | $169.5K | $181K | +6.8% |
Housing Supply in Southington Township, OH
How many homes are available in Southington Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Summary: The Southington Township real estate market had 8 homes for sale in February 2024, a 20.0% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 9 | 7 | -22.2% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Southington 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 decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Southington Township in February 2024, down by 66.7% 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 Southington Township, OH
How long does it take to sell a home in Southington Township, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
59 Days | 43 Days | -27.6% |
Summary: Homes in Southington Township had an average of 43 days on market in Feb 2024, down by 27.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Southington Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.