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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Township is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Washington Township, OH

How much do homes in Washington Township, OH cost?

Median Sold Price

$395,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$22,500(+6.0%)

Key Takeaway

Homes in Washington Township have sold for 6% more than they did a year ago.

Summary: The median home sold price in Washington Township was $395,000 in August 2024, up 6% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $340K$401.4K
+18.1%
3 $367K$310K
-15.5%
4 $605.8K$565K
-6.7%
5+ $700K$699.9K
0%

Summary: Washington Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.1%, 3 bedroom homes decreased by 15.5%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Washington Township
+6.0%
Hilliard
+4.9%
Norwich Township
+2.4%
Dublin
-4.3%

Housing Supply in Washington Township, OH

How many homes are available in Washington Township, OH?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
32-33.3%

Summary: The Washington Township real estate market had 2 homes for sale in August 2024, a 33.3% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 11
0.0%
3 00
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Washington Township housing inventory by bedroom type for August 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 decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Washington Township in August 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Washington Township, OH

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

Average Sale Time

Aug 2023Aug 2024CHANGE
11 Days27 Days+141.1%

Summary: Homes in Washington Township had an average of 27 days on market in Aug 2024, up by 141.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 1 homes were sold in Washington Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 11 Days Ago

Newest Listings in Washington Township, OH

Nearby Markets to Washington Township, OH

What housing markets are near Washington Township, OH?