Is Truro 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, Truro Township has remained a Seller's Market.
Housing Prices in Truro Township, OH
How much do homes in Truro Township, OH cost?
Median Sold Price
$265,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Truro Township was $265,000 in March 2024, up 6% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $144K | $150K | +4.2% |
3 Bedrooms | $235K | $250K | +6.4% |
4 Bedrooms | $303.7K | $319.9K | +5.3% |
5+ Bedrooms | $379K | $349K | -7.9% |
Summary: Truro 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 4.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 7.9%.
Median Sold Price Compared To Nearby Cities
Jefferson Township | $355K | $390K | +9.9% |
Truro Township | $250K | $265K | +6.0% |
Blacklick | $330K | $345K | +4.5% |
Reynoldsburg | $280K | $290K | +3.6% |
Housing Supply in Truro Township, OH
How many homes are available in Truro Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
84 | 88 | +4.8% |
Summary: The Truro Township real estate market had 88 homes for sale in March 2024, a 4.8% 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 | 7 | 7 | 0.0% |
3 Bedrooms | 46 | 53 | +15.2% |
4 Bedrooms | 28 | 25 | -10.7% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Truro 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 increased by 15.2%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 23 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Truro Township in March 2024, the same as the previous month. Of the 23 sold homes, 26% were sold under asking, 26% were sold at asking, and 48% were sold over asking.
Days on Market for Truro Township, OH
How long does it take to sell a home in Truro Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 40 Days | +111.2% |
Summary: Homes in Truro Township had an average of 40 days on market in Mar 2024, up by 111.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Truro Township; 65% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.