Is Washington 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, 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
$215,500
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Washington Township have sold for 27.5% more than they did a year ago.
Summary: The median home sold price in Washington Township was $215,500 in March 2024, up 27.5% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $136.7K | $191.4K | +40.0% |
| 3 Bedrooms | $177.5K | $221K | +24.5% |
| 4 Bedrooms | $233.9K | $208.7K | -10.8% |
| 5+ Bedrooms | $560K | $240.9K | -57.0% |
Summary: Washington 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 40%, 3 bedroom homes increased by 24.5%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 57%.
Median Sold Price Compared To Nearby Cities
| Washington Township | $169K | $215.5K | +27.5% |
| Lexington Township | $175K | $196.7K | +12.4% |
| Knox Township | $180.5K | $199K | +10.2% |
| Alliance | $140K | $141.4K | +1.0% |
Housing Supply in Washington Township, OH
How many homes are available in Washington Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The Washington Township real estate market had 10 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Washington Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 2 homes were sold or pending in Washington Township in March 2024, up by 100.0% month-over-month. Of the 2 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 99 Days | +72.4% |
Summary: Homes in Washington Township had an average of 99 days on market in Mar 2024, up by 72.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Washington Township has remained consistent over time.
Summary: During March 2024, 2 homes were sold in Washington Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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