Is Chardon 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, Chardon Township has remained a Seller's Market.
Housing Prices in Chardon Township, OH
How much do homes in Chardon Township, OH cost?
Median Sold Price
$316,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chardon Township was $316,000 in May 2024, down 1.6% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98K | - | N/A |
2 Bedrooms | $179.9K | $172.4K | -4.2% |
3 Bedrooms | $260.2K | $262.2K | +0.7% |
4 Bedrooms | $373.2K | $385K | +3.1% |
5+ Bedrooms | $525K | $390K | -25.7% |
Summary: Chardon 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 decreased by 4.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 25.7%.
Median Sold Price Compared To Nearby Cities
Concord Township | $305K | $327.9K | +7.5% |
Chardon Township | $321K | $316K | -1.6% |
Chardon | $320K | $315K | -1.6% |
Hambden Township | $372.5K | $319K | -14.4% |
Housing Supply in Chardon Township, OH
How many homes are available in Chardon Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 64 | +10.3% |
Summary: The Chardon Township real estate market had 64 homes for sale in May 2024, a 10.3% increase 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 | 4 | 7 | +75.0% |
3 Bedrooms | 17 | 23 | +35.3% |
4 Bedrooms | 28 | 25 | -10.7% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Chardon 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 increased by 75%, 3 bedroom homes increased by 35.3%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Chardon Township in May 2024, down by 6.3% month-over-month. Of the 15 sold homes, 33% were sold under asking, 27% were sold at asking, and 40% were sold over asking.
Days on Market for Chardon Township, OH
How long does it take to sell a home in Chardon Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 24 Days | -19.9% |
Summary: Homes in Chardon Township had an average of 24 days on market in May 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Chardon Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.