Is Berlin Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Berlin Township has remained a Seller's Market.
Housing Prices in Berlin Township, OH
How much do homes in Berlin Township, OH cost?
Median Sold Price
$608,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Berlin Township was $608,000 in April 2024, up 8% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $427.7K | $416K | -2.7% |
3 Bedrooms | $474.5K | $492.5K | +3.8% |
4 Bedrooms | $570.6K | $627.4K | +10.0% |
5+ Bedrooms | $638.6K | $710.7K | +11.3% |
Summary: Berlin Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
Delaware | $360K | $403K | +12.0% |
Lewis Center | $457.3K | $499.9K | +9.3% |
Berlin Township | $562.9K | $608K | +8.0% |
Delaware City Township | $326.2K | $334.7K | +2.6% |
Housing Supply in Berlin Township, OH
How many homes are available in Berlin Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 60 | -3.2% |
Summary: The Berlin Township real estate market had 60 homes for sale in April 2024, a 3.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 23 | 21 | -8.7% |
5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The Berlin Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 12 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Berlin Township in April 2024, down by 25.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Berlin Township, OH
How long does it take to sell a home in Berlin Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 24 Days | -60.5% |
Summary: Homes in Berlin Township had an average of 24 days on market in Apr 2024, down by 60.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Berlin Township; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.