Is Chippewa Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Chippewa Township has remained a Seller's Market.
Housing Prices in Chippewa Township, OH
How much do homes in Chippewa Township, OH cost?
Median Sold Price
$265,500
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chippewa Township was $265,500 in April 2024, up 6% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $120K | N/A |
2 Bedrooms | $144.6K | $98.5K | -31.9% |
3 Bedrooms | $245K | $278.6K | +13.7% |
4 Bedrooms | $344.9K | $362.5K | +5.1% |
5+ Bedrooms | $414.9K | $331.2K | -20.2% |
Summary: Chippewa Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.9%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 20.2%.
Median Sold Price Compared To Nearby Cities
Rittman | $152.5K | $180K | +18.0% |
Chippewa Township | $250.5K | $265.5K | +6.0% |
Doylestown | $260.7K | $268K | +2.8% |
Marshallville | $232.5K | $210K | -9.7% |
Clinton | $262.5K | $221K | -15.8% |
Housing Supply in Chippewa Township, OH
How many homes are available in Chippewa Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 26 | 0.0% |
Summary: The Chippewa Township real estate market had 26 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chippewa 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 20%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Chippewa Township in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Chippewa Township, OH
How long does it take to sell a home in Chippewa Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 16 Days | -65.3% |
Summary: Homes in Chippewa Township had an average of 16 days on market in Apr 2024, down by 65.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Chippewa Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.