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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springfield Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Springfield Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Springfield Township, OH cost?

Median Sold Price

$188,250

$137/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$5,750(-3.0%)

Key Takeaway

Homes in Springfield Township have sold for 3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $149.5K$155K
+3.7%
3 $187K$188.5K
+0.8%
4 $265K$270K
+1.9%
5+ $313K$250K
-20.1%

Median Sold Price Compared To Nearby Cities

Wyoming
+66.2%
North College Hill
-1.5%
Springfield Township
-3.0%
Mount Healthy
-14.6%
Greenhills
-25.3%

How many homes are available in Springfield Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
165146-11.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 1815
-16.7%
3 10696
-9.4%
4 3430
-11.8%
5+ 75
-28.6%

Number of Homes Sold

Oct 2022Nov 2022%
4336-16.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Springfield Township, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
10 Days11 Days+12.3%

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Springfield Township are selling fast, if you're buying plan to act quickly.

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

About Springfield Township, OH

Springfield Township, OH has 146 homes on the market. Between October 2022 and November 2022, Springfield Township, OH real estate market has seen decrease in the number of listings by 11.5%. In November 2022 median list price was $188,250 and the average listing age was 11 days. Between November 2021 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 3.7%, prices of 3 bedrooms properties increased by 0.8%, the cost of 4 bedrooms properties went up by 1.9%, 5 bedrooms properties prices decreased by 20.1%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 16.7% less available, 3 bedrooms homes became 9.4% less available, volume of 4 bedrooms homes went down by 11.8%, the quantity of 5 bedrooms homes went down by 28.6%. In November 2022 more than 14 listings in Springfield Township, OH were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 14 were sold below.

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