Is Defiance 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, Defiance Township has remained a Seller's Market.
Housing Prices in Defiance Township, OH
How much do homes in Defiance Township, OH cost?
Median Sold Price
$168,466
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Defiance Township was $168,466 in May 2024, up 16.2% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $300K | N/A |
2 Bedrooms | $75K | $115K | +53.3% |
3 Bedrooms | $142.5K | $168.6K | +18.4% |
4 Bedrooms | $185K | $255.7K | +38.2% |
5+ Bedrooms | $240.9K | $371.9K | +54.4% |
Summary: Defiance 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 increased by 53.3%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 38.2%, and 5+ bedroom homes increased by 54.4%.
Median Sold Price Compared To Nearby Cities
Noble Township | $136.4K | $201.5K | +47.7% |
Defiance Township | $145K | $168.4K | +16.2% |
Defiance | $145K | $168.4K | +16.2% |
Housing Supply in Defiance Township, OH
How many homes are available in Defiance Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 | 57 | -6.6% |
Summary: The Defiance Township real estate market had 57 homes for sale in May 2024, a 6.6% decrease 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 | 12 | 11 | -8.3% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 13 | 8 | -38.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Defiance 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 decreased by 8.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 19 | -13.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Defiance Township in May 2024, down by 13.6% month-over-month. Of the 19 sold homes, 42% were sold under asking, 21% were sold at asking, and 37% were sold over asking.
Days on Market for Defiance Township, OH
How long does it take to sell a home in Defiance Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
68 Days | 54 Days | -19.6% |
Summary: Homes in Defiance Township had an average of 54 days on market in May 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Defiance Township; 11% of homes were sold within 30 days, 84% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.