Is Spring Valley Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Spring Valley Township has remained a Seller's Market.
Key Takeaway
Spring Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spring Valley Township, OH
How much do homes in Spring Valley Township, OH cost?
Median Sold Price
$315,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Spring Valley Township have sold for 15.3% less than they did a year ago.
Summary: The median home sold price in Spring Valley Township was $315,000 in March 2024, down 15.3% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $203.4K | N/A |
| 3 Bedrooms | $332K | $229K | -31.0% |
| 4 Bedrooms | $407.5K | $559.9K | +37.4% |
| 5+ Bedrooms | - | $665K | N/A |
Summary: Spring Valley 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 did not change, 3 bedroom homes decreased by 31%, 4 bedroom homes increased by 37.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Xenia | $173.2K | $202.2K | +16.7% |
| Sugarcreek Township | $429K | $455.5K | +6.2% |
| Spring Valley Township | $372K | $315K | -15.3% |
Housing Supply in Spring Valley Township, OH
How many homes are available in Spring Valley Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Spring Valley Township real estate market had 7 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Spring Valley 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Valley Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Spring Valley Township in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Spring Valley Township, OH
How long does it take to sell a home in Spring Valley Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 126 Days | 51 Days | -59.3% |
Summary: Homes in Spring Valley Township had an average of 51 days on market in Mar 2024, down by 59.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Spring Valley Township has remained consistent over time.
Summary: During March 2024, 3 homes were sold in Spring Valley 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.
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