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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bowling Green Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Bowling Green Township, OH

How much do homes in Bowling Green Township, OH cost?

Median Sold Price

$253,250

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$56,750(-18.3%)

Key Takeaway

Homes in Bowling Green Township have sold for 18.3% less than they did a year ago.

Summary: The median home sold price in Bowling Green Township was $253,250 in April 2024, down 18.3% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $120K$121.2K
+1.0%
2 $365K$206.7K
-43.4%
3 $272K$240K
-11.8%
4 $347K$310K
-10.7%
5+ $340.6K$396K
+16.3%

Summary: Bowling Green Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 43.4%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 16.3%.

Median Sold Price Compared To Nearby Cities

Franklin Township
+15.9%
Bowling Green Township
-18.3%

Housing Supply in Bowling Green Township, OH

How many homes are available in Bowling Green Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5956-5.1%

Summary: The Bowling Green Township real estate market had 56 homes for sale in April 2024, a 5.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 1210
-16.7%
3 2524
-4.0%
4 1517
+13.3%
5+ 65
-16.7%

Summary: The Bowling Green Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2212-45.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bowling Green Township, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Bowling Green Township in April 2024, down by 45.5% month-over-month. Of the 11 sold homes, 9% were sold under asking, 27% were sold at asking, and 64% were sold over asking.

Days on Market for Bowling Green Township, OH

How long does it take to sell a home in Bowling Green Township, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
58 Days26 Days-54.5%

Summary: Homes in Bowling Green Township had an average of 26 days on market in Apr 2024, down by 54.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bowling Green Township has remained consistent over time.

Summary: During April 2024, 12 homes were sold in Bowling Green Township; 42% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in Bowling Green Township, OH

Nearby Markets to Bowling Green Township, OH

What housing markets are near Bowling Green Township, OH?