Is Berlin Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Berlin Township has remained a Seller's Market.
Key Takeaway
Berlin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berlin Township, OH
How much do homes in Berlin Township, OH cost?
Median Sold Price
$250,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Berlin Township have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Berlin Township was $250,000 in May 2024, up 5.3% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $120K | N/A |
| 3 Bedrooms | $217.5K | $250K | +14.9% |
| 4 Bedrooms | $350K | $373K | +6.6% |
| 5+ Bedrooms | $675K | $625K | -7.4% |
Summary: Berlin Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Berlin Center | $240K | $297K | +23.8% |
| Lake Milton | $189.5K | $211.2K | +11.5% |
| Berlin Township | $237.5K | $250K | +5.3% |
Housing Supply in Berlin Township, OH
How many homes are available in Berlin Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Summary: The Berlin Township real estate market had 5 homes for sale in May 2024, a 37.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Berlin Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Days on Market for Berlin Township, OH
How long does it take to sell a home in Berlin Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 74 Days | 17 Days | -77.2% |
Summary: Homes in Berlin Township had an average of 17 days on market in May 2024, down by 77.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Berlin Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Berlin Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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