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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sterling Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Sterling Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sterling Township, OH

How much do homes in Sterling Township, OH cost?

Median Sold Price

$288,750

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$117,500(+68.6%)

Key Takeaway

Homes in Sterling Township have sold for 68.6% more than they did a year ago.

Summary: The median home sold price in Sterling Township was $288,750 in March 2024, up 68.6% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $153K$180K
+17.6%
3 $140.2K$288.7K
+105.9%
4 $297.9K$282.5K
-5.2%
5+ $50K$600K
+1100.0%

Summary: Sterling 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 increased by 17.6%, 3 bedroom homes increased by 105.9%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 1100%.

Housing Supply in Sterling Township, OH

How many homes are available in Sterling Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
220.0%

Summary: The Sterling Township real estate market had 2 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Sterling 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sterling Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Sterling Township in March 2024, up by 100.0% 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 Sterling Township, OH

How long does it take to sell a home in Sterling Township, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
26 Days35 Days+34.6%

Summary: Homes in Sterling Township had an average of 35 days on market in Mar 2024, up by 34.6% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sterling Township has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Sterling 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.

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

Report Updated 25 Days Ago

Newest Listings in Sterling Township, OH

Nearby Markets to Sterling Township, OH

What housing markets are near Sterling Township, OH?