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 June 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
$346,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Spring Valley Township have sold for 8% less than they did a year ago.
Summary: The median home sold price in Spring Valley Township was $346,000 in June 2024, down 8% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $237K | $149.9K | -36.7% |
| 3 Bedrooms | $300K | $228.5K | -23.8% |
| 4 Bedrooms | $407.5K | $673.9K | +65.4% |
| 5+ Bedrooms | $639.4K | $547K | -14.5% |
Summary: Spring Valley Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.7%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes increased by 65.4%, and 5+ bedroom homes decreased by 14.5%.
Median Sold Price Compared To Nearby Cities
| Sugarcreek Township | $437.4K | $471.2K | +7.7% |
| Xenia | $205.1K | $218.1K | +6.3% |
| Spring Valley Township | $376K | $346K | -8.0% |
| Spring Valley | $425K | $315K | -25.9% |
Housing Supply in Spring Valley Township, OH
How many homes are available in Spring Valley Township, OH?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The Spring Valley Township real estate market had 10 homes for sale in June 2024, a 25.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Spring Valley Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were 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. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Spring Valley Township in June 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 49 Days | 41 Days | -17.2% |
Summary: Homes in Spring Valley Township had an average of 41 days on market in Jun 2024, down by 17.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 June 2024, 4 homes were sold in Spring Valley Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.