Is Weathersfield 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, Weathersfield Township has remained a Seller's Market.
Key Takeaway
Weathersfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Weathersfield Township, OH
How much do homes in Weathersfield Township, OH cost?
Median Sold Price
$119,500
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Weathersfield Township have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Weathersfield Township was $119,500 in March 2024, up 7.7% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | $40K | +100.0% |
| 2 Bedrooms | $90K | $83.7K | -6.9% |
| 3 Bedrooms | $115K | $145K | +26.1% |
| 4 Bedrooms | $145K | $145K | 0.0% |
| 5+ Bedrooms | $156.5K | $130K | -16.9% |
Summary: Weathersfield Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 26.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 16.9%.
Median Sold Price Compared To Nearby Cities
| McDonald | $115K | $165K | +43.5% |
| Mc Donald | $118K | $160K | +35.6% |
| Niles | $105K | $120K | +14.3% |
| Weathersfield Township | $111K | $119.5K | +7.7% |
| Mineral Ridge | $176K | $180K | +2.3% |
Housing Supply in Weathersfield Township, OH
How many homes are available in Weathersfield Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 | 80 | +15.9% |
Summary: The Weathersfield Township real estate market had 80 homes for sale in March 2024, a 15.9% 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 | 20 | 20 | 0.0% |
| 3 Bedrooms | 30 | 40 | +33.3% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Weathersfield 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 33.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weathersfield Township, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Weathersfield Township in March 2024, up by 54.5% month-over-month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% were sold over asking.
Days on Market for Weathersfield Township, OH
How long does it take to sell a home in Weathersfield Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 51 Days | +20.3% |
Summary: Homes in Weathersfield Township had an average of 51 days on market in Mar 2024, up by 20.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Weathersfield Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in Weathersfield Township; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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