Is Springfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Springfield Township has remained a Seller's Market.
Housing Prices in Springfield Township, OH
How much do homes in Springfield Township, OH cost?
Median Sold Price
$178,437
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Springfield Township was $178,437 in April 2024, up 8.1% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $191.7K | $80K | -58.3% |
2 Bedrooms | $123K | $137K | +11.4% |
3 Bedrooms | $170.1K | $189.3K | +11.3% |
4 Bedrooms | $242K | $240K | -0.8% |
5+ Bedrooms | $187.5K | $253K | +34.9% |
Summary: Springfield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.3%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 34.9%.
Median Sold Price Compared To Nearby Cities
South Zanesville | $110K | $144.2K | +31.1% |
Falls Township | $225K | $259.9K | +15.5% |
Zanesville | $161.6K | $175K | +8.2% |
Springfield Township | $165K | $178.4K | +8.1% |
Wayne Township | $218K | $203K | -6.9% |
Housing Supply in Springfield Township, OH
How many homes are available in Springfield Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
240 | 237 | -1.3% |
Summary: The Springfield Township real estate market had 237 homes for sale in April 2024, a 1.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 47 | 44 | -6.4% |
3 Bedrooms | 127 | 122 | -3.9% |
4 Bedrooms | 52 | 55 | +5.8% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Springfield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 63 | -11.3% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Springfield Township in April 2024, down by 11.3% month-over-month. Of the 63 sold homes, 48% were sold under asking, 21% were sold at asking, and 32% were sold over asking.
Days on Market for Springfield Township, OH
How long does it take to sell a home in Springfield Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 57 Days | -0.9% |
Summary: Homes in Springfield Township had an average of 57 days on market in Apr 2024, down by 0.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 63 homes were sold in Springfield Township; 30% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.