Is Sugarcreek 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, Sugarcreek Township has remained a Seller's Market.
Key Takeaway
Sugarcreek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sugarcreek Township, OH
How much do homes in Sugarcreek Township, OH cost?
Median Sold Price
$455,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sugarcreek Township have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Sugarcreek Township was $455,500 in March 2024, up 6.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.7K | - | N/A |
| 2 Bedrooms | $215K | $350K | +62.8% |
| 3 Bedrooms | $336.4K | $375K | +11.5% |
| 4 Bedrooms | $499.9K | $499.9K | 0.0% |
| 5+ Bedrooms | $592.6K | $655.4K | +10.6% |
Summary: Sugarcreek 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 62.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Bellbrook | $270K | $370K | +37.0% |
| Kettering | $210K | $234.6K | +11.8% |
| Washington Township | $300K | $331.9K | +10.7% |
| Centerville | $269.9K | $296.4K | +9.8% |
| Sugarcreek Township | $429K | $455.5K | +6.2% |
Housing Supply in Sugarcreek Township, OH
How many homes are available in Sugarcreek Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 58 | 51 | -12.1% |
Summary: The Sugarcreek Township real estate market had 51 homes for sale in March 2024, a 12.1% decrease 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 | 14 | 15 | +7.1% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 27 | 16 | -40.7% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Sugarcreek 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 increased by 7.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 40.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sugarcreek Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Sugarcreek Township in March 2024, down by 25.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for Sugarcreek Township, OH
How long does it take to sell a home in Sugarcreek Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 83 Days | 71 Days | -13.6% |
Summary: Homes in Sugarcreek Township had an average of 71 days on market in Mar 2024, down by 13.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sugarcreek Township has remained consistent over time.
Summary: During March 2024, 12 homes were sold in Sugarcreek Township; 8% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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