Is Violet 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, Violet Township has remained a Seller's Market.
Housing Prices in Violet Township, OH
How much do homes in Violet Township, OH cost?
Median Sold Price
$430,579
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Violet Township was $430,579 in March 2024, up 11.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $156K | -13.3% |
2 Bedrooms | $235K | $262.3K | +11.6% |
3 Bedrooms | $330K | $355K | +7.6% |
4 Bedrooms | $405K | $455.6K | +12.5% |
5+ Bedrooms | $515K | $548K | +6.4% |
Summary: Violet Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
Violet Township | $385K | $430.5K | +11.8% |
Pickerington | $373.1K | $415K | +11.2% |
Canal Winchester | $302.6K | $322K | +6.4% |
Madison Township | $247.5K | $249.9K | +1.0% |
Canal Winchester | $329K | $324.9K | -1.2% |
Housing Supply in Violet Township, OH
How many homes are available in Violet Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
185 | 186 | +0.5% |
Summary: The Violet Township real estate market had 186 homes for sale in March 2024, a 0.5% 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 | 13 | 14 | +7.7% |
3 Bedrooms | 42 | 50 | +19.0% |
4 Bedrooms | 101 | 94 | -6.9% |
5+ Bedrooms | 29 | 28 | -3.4% |
Summary: The Violet 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 7.7%, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 3.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 47 | -16.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Violet Township in March 2024, down by 16.1% month-over-month. Of the 47 sold homes, 38% were sold under asking, 30% were sold at asking, and 32% were sold over asking.
Days on Market for Violet Township, OH
How long does it take to sell a home in Violet Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 46 Days | +130.2% |
Summary: Homes in Violet Township had an average of 46 days on market in Mar 2024, up by 130.2% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 47 homes were sold in Violet Township; 66% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.