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 May 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

$250,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$6,000(-2.3%)

Key Takeaway

Homes in Bowling Green Township have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Bowling Green Township was $250,000 in May 2024, down 2.3% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $94.5K$121.2K
+28.3%
2 $184.9K$205K
+10.8%
3 $235K$238.4K
+1.4%
4 $330.5K$300K
-9.2%
5+ $295K$370K
+25.4%

Summary: Bowling Green Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.3%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 25.4%.

Median Sold Price Compared To Nearby Cities

Montgomery Township
+68.7%
Bowling Green Township
-2.3%

Housing Supply in Bowling Green Township, OH

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

Number of Homes For Sale

Apr 2024May 2024CHANGE
5873+25.9%

Summary: The Bowling Green Township real estate market had 73 homes for sale in May 2024, a 25.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 118
-27.3%
3 2533
+32.0%
4 1626
+62.5%
5+ 66
0.0%

Summary: The Bowling Green 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 27.3%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
932+255.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

17 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. 56.7% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in Bowling Green Township in May 2024, up by 255.6% month-over-month. Of the 30 sold homes, 23% were sold under asking, 20% were sold at asking, and 57% 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

May 2023May 2024CHANGE
42 Days45 Days+7.4%

Summary: Homes in Bowling Green Township had an average of 45 days on market in May 2024, up by 7.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

3 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 May 2024, 32 homes were sold in Bowling Green Township; 38% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 9% 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 1 Day Ago

Newest Listings in Bowling Green Township, OH

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