Is Sugar Creek 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, Sugar Creek Township has remained a Seller's Market.
Key Takeaway
Sugar Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sugar Creek Township, OH
How much do homes in Sugar Creek Township, OH cost?
Median Sold Price
$180,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sugar Creek Township have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Sugar Creek Township was $180,000 in March 2024, up 12.5% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105.7K | $143.9K | +36.1% |
| 3 Bedrooms | $163.9K | $201K | +22.6% |
| 4 Bedrooms | $205.7K | $186.2K | -9.5% |
| 5+ Bedrooms | $350K | - | N/A |
Summary: Sugar Creek 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 36.1%, 3 bedroom homes increased by 22.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes did not change.
Housing Supply in Sugar Creek Township, OH
How many homes are available in Sugar Creek Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Summary: The Sugar Creek Township real estate market had 22 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 9 | 15 | +66.7% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sugar Creek 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 decreased by 20%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 13 | +550.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Creek Township, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Sugar Creek Township in March 2024, up by 550.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 42% were sold at asking, and 33% were sold over asking.
Days on Market for Sugar Creek Township, OH
How long does it take to sell a home in Sugar Creek Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 33 Days | -17.1% |
Summary: Homes in Sugar Creek Township had an average of 33 days on market in Mar 2024, down by 17.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sugar Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in Sugar Creek Township; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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