Is Catawba Island Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Catawba Island Township was a Seller's Market.
Key Takeaway
Catawba Island Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Catawba Island Township, OH
How much do homes in Catawba Island Township, OH cost?
Median Sold Price
$495,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Catawba Island Township have sold for 20.7% more than they did a year ago.
Summary: The median home sold price in Catawba Island Township was $495,000 in April 2024, up 20.7% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $199.9K | -38.5% |
| 2 Bedrooms | $350K | $426K | +21.7% |
| 3 Bedrooms | $420K | $454K | +8.1% |
| 4 Bedrooms | $682.5K | $700K | +2.6% |
| 5+ Bedrooms | $587.5K | $864K | +47.1% |
Summary: Catawba Island Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 47.1%.
Median Sold Price Compared To Nearby Cities
| Catawba Island Township | $410K | $495K | +20.7% |
| Lakeside Marblehead | $369K | $425K | +15.2% |
| Danbury Township | $380K | $425K | +11.8% |
Housing Supply in Catawba Island Township, OH
How many homes are available in Catawba Island Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 47 | +23.7% |
Summary: The Catawba Island Township real estate market had 47 homes for sale in April 2024, a 23.7% increase 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 | 9 | 9 | 0.0% |
| 3 Bedrooms | 14 | 21 | +50.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Catawba Island 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Catawba Island Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Catawba Island Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for Catawba Island Township, OH
How long does it take to sell a home in Catawba Island Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 34 Days | +21.8% |
Summary: Homes in Catawba Island Township had an average of 34 days on market in Apr 2024, up by 21.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Catawba Island Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Catawba Island Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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