Is Carroll Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Carroll Township was a Seller's Market.
Key Takeaway
Carroll Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Carroll Township, OH
How much do homes in Carroll Township, OH cost?
Median Sold Price
$243,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Carroll Township have sold for 38.9% more than they did a year ago.
Summary: The median home sold price in Carroll Township was $243,000 in May 2024, up 38.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96.6K | $122.1K | +26.4% |
| 2 Bedrooms | $142K | $216.2K | +52.3% |
| 3 Bedrooms | $284.9K | $270K | -5.2% |
| 4 Bedrooms | $402.5K | $377.5K | -6.2% |
| 5+ Bedrooms | $426.7K | $567.4K | +33.0% |
Summary: Carroll Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.4%, 2 bedroom homes increased by 52.3%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 33%.
Median Sold Price Compared To Nearby Cities
| Erie Township | $126.1K | $300K | +137.9% |
| Carroll Township | $174.9K | $243K | +38.9% |
| Salem Township | $150.5K | $172.5K | +14.6% |
Housing Supply in Carroll Township, OH
How many homes are available in Carroll Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 28 | -9.7% |
Summary: The Carroll Township real estate market had 28 homes for sale in May 2024, a 9.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Carroll Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 4 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carroll Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Carroll Township in May 2024, down by 66.7% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Carroll Township, OH
How long does it take to sell a home in Carroll Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 55 Days | 91 Days | +66.5% |
Summary: Homes in Carroll Township had an average of 91 days on market in May 2024, up by 66.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carroll Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Carroll Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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