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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tate Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Tate Township, OH

How much do homes in Tate Township, OH cost?

Median Sold Price

$203,500

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$10,500(+5.4%)

Key Takeaway

Homes in Tate Township have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Tate Township was $203,500 in February 2024, up 5.4% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $155K$169K
+9.0%
3 $218K$220K
+0.9%
4 $190K$219.9K
+15.7%
5+ --
N/A

Summary: Tate Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Monroe Township
+17.7%
Tate Township
+5.4%
Bethel
0.1%

Housing Supply in Tate Township, OH

How many homes are available in Tate Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
35+66.7%

Summary: The Tate Township real estate market had 5 homes for sale in February 2024, a 66.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 02
+100.0%
5+ 00
0.0%

Summary: The Tate Township housing inventory by bedroom type for February 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 increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tate Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Tate Township in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Tate Township, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
65 Days79 Days+21.4%

Summary: Homes in Tate Township had an average of 79 days on market in Feb 2024, up by 21.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Tate Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 28 Days Ago

Newest Listings in Tate Township, OH

Nearby Markets to Tate Township, OH

What housing markets are near Tate Township, OH?