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 November 2021

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.

How much do homes in Washington Township, OH cost?

Median Sold Price

$140,000

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$18,000(+14.8%)

Key Takeaway

Homes in Washington Township have sold for 14.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$72.5K
N/A
2 $77K$122.5K
+59.1%
3 $131.2K$140K
+6.7%
4 $105K$180K
+71.4%
5+ -$358K
N/A

Median Sold Price Compared To Nearby Cities

Washington Township
+14.8%
Fostoria
+7.3%

How many homes are available in Washington Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
1416+14.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 10
-100.0%
2 33
0.0%
3 69
+50.0%
4 44
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 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, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
50 Days29 Days-41.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Washington Township has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Washington Township, OH

Washington Township, OH has 16 homes on the market. The inventory of homes for sale in Washington Township, OH between October 2022 and November 2022 increased by 14.3%. While the average time on the market in November 2022 was 29 days, the median list price was $140,000. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 59.1%, 3 bedrooms properties prices increased by 6.7%, 4 bedrooms properties became 71.4% more expensive, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 100%, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes increased by 50%, 4 bedrooms homes inventory did not change, 5 bedrooms homes did not move. While more than 0 listings in Washington Township, OH in November 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 1 were sold below.

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