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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chatham Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Chatham Township was a Seller's Market.

Key Takeaway

Chatham 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 Chatham Township, OH

How much do homes in Chatham Township, OH cost?

Median Sold Price

$385,000

$214/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$205,000(+113.9%)

Key Takeaway

Homes in Chatham Township have sold for 113.9% more than they did a month ago.

Summary: The median home sold price in Chatham Township was $385,000 in April 2024, up 113.9% from last month, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $180K$385K
+113.9%
4 --
N/A
5+ --
N/A

Summary: Chatham Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 113.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chatham Township, OH

How many homes are available in Chatham Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
36+100.0%

Summary: The Chatham Township real estate market had 6 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 33
0.0%
4 02
+100.0%
5+ 00
0.0%

Summary: The Chatham 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chatham Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Chatham Township in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Chatham Township, OH

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

Average Sale Time

Mar 2024Apr 2024CHANGE
17 Days2 Days-88.2%

Summary: Homes in Chatham Township had an average of 2 days on market in Apr 2024, down by 88.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chatham Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Chatham Township; 100% of homes were sold within 30 days, 0% 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 Chatham Township, OH

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