Is Danbury 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, Danbury Township was a Neutral Market.
Key Takeaway
Danbury Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Danbury Township, OH
How much do homes in Danbury Township, OH cost?
Median Sold Price
$425,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Danbury Township have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Danbury Township was $425,000 in April 2024, up 11.8% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $266.2K | +71.8% |
| 2 Bedrooms | $297K | $325K | +9.4% |
| 3 Bedrooms | $399.4K | $455K | +13.9% |
| 4 Bedrooms | $590K | $599K | +1.5% |
| 5+ Bedrooms | $825K | $1.1M | +39.4% |
Summary: Danbury Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.8%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 39.4%.
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 Danbury Township, OH
How many homes are available in Danbury Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 76 | +28.8% |
Summary: The Danbury Township real estate market had 76 homes for sale in April 2024, a 28.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 32 | 41 | +28.1% |
| 4 Bedrooms | 9 | 17 | +88.9% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Danbury Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 88.9%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 15 | +650.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Danbury Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Danbury Township in April 2024, up by 650.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.
Days on Market for Danbury Township, OH
How long does it take to sell a home in Danbury Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 130 Days | +510.1% |
Summary: Homes in Danbury Township had an average of 130 days on market in Apr 2024, up by 510.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Danbury Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Danbury Township; 40% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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