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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wellington Township is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Wellington Township, OH cost?

Median Sold Price

$192,500

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$5,000(+2.7%)

Key Takeaway

Homes in Wellington Township have sold for 2.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $103K$129.9K
+26.2%
3 $176.9K$192.5K
+8.8%
4 $205K$278K
+35.6%
5+ $311.5K$238.9K
-23.3%

Median Sold Price Compared To Nearby Cities

Wellington
+3.5%
Wellington Township
+2.7%

How many homes are available in Wellington Township, OH?

Number of Homes For Sale

Sep 2022Oct 2022%
3031+3.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 10
-100.0%
3 1718
+5.9%
4 910
+11.1%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
812+50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wellington Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
32 Days35 Days+8.6%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Wellington Township, OH

Wellington Township, OH has 31 homes on the market. The number of homes for sale in Wellington Township, OH increased by 3.3% between September 2022 and October 2022. While the average time on the market in October 2022 was 35 days, the median list price was $192,500. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 26.2% more expensive, prices of 3 bedrooms properties increased by 8.8%, 4 bedrooms properties prices increased by 35.6%, 5 bedrooms properties prices decreased by 23.3%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes became 100% less available, 3 bedrooms homes became 5.9% more available, number of 4 bedrooms homes increased by 11.1%, 5 bedrooms homes did not move. In October 2022, from all listings sold in Wellington Township, OH there were more than 5 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price.

Related Housing Market Reports