Is Tiffin 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, Tiffin Township has remained a Seller's Market.
Key Takeaway
Tiffin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tiffin Township, OH
How much do homes in Tiffin Township, OH cost?
Median Sold Price
$165,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Tiffin Township have sold for 10% more than they did a year ago.
Summary: The median home sold price in Tiffin Township was $165,000 in April 2024, up 10% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $115K | N/A |
| 2 Bedrooms | $144K | $137.7K | -4.3% |
| 3 Bedrooms | $143.7K | $165K | +14.8% |
| 4 Bedrooms | $245K | $220K | -10.2% |
| 5+ Bedrooms | $200K | $225K | +12.5% |
Summary: Tiffin Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Noble Township | $149.9K | $199.9K | +33.4% |
| Springfield Township | $160K | $178.4K | +11.5% |
| Tiffin Township | $149.9K | $165K | +10.0% |
Housing Supply in Tiffin Township, OH
How many homes are available in Tiffin Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 53 | -5.4% |
Summary: The Tiffin Township real estate market had 53 homes for sale in April 2024, a 5.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 34 | 33 | -2.9% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 4 | 0 | -100.0% |
Summary: The Tiffin Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 14 | -48.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tiffin Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Tiffin Township in April 2024, down by 48.1% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.
Days on Market for Tiffin Township, OH
How long does it take to sell a home in Tiffin Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 75 Days | +104.1% |
Summary: Homes in Tiffin Township had an average of 75 days on market in Apr 2024, up by 104.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tiffin Township has remained consistent over time.
Summary: During April 2024, 14 homes were sold in Tiffin Township; 29% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.