Is Jackson 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, Jackson Township has remained a Seller's Market.
Key Takeaway
Jackson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jackson Township, OH
How much do homes in Jackson Township, OH cost?
Median Sold Price
$194,500
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jackson Township have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Jackson Township was $194,500 in May 2024, up 5.8% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $38.5K | $278.4K | +623.4% |
| 2 Bedrooms | $116.4K | $132.4K | +13.7% |
| 3 Bedrooms | $202.4K | $192.5K | -4.9% |
| 4 Bedrooms | $250K | $226K | -9.6% |
| 5+ Bedrooms | $135K | $370K | +174.1% |
Summary: Jackson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 623.4%, 2 bedroom homes increased by 13.7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 174.1%.
Median Sold Price Compared To Nearby Cities
| Perry Township | $255K | $270.5K | +6.1% |
| Jackson Township | $183.9K | $194.5K | +5.8% |
Housing Supply in Jackson Township, OH
How many homes are available in Jackson Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The Jackson Township real estate market had 14 homes for sale in May 2024, a 22.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Jackson 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 75%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Jackson Township in May 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Jackson Township, OH
How long does it take to sell a home in Jackson Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 90 Days | 106 Days | +18.4% |
Summary: Homes in Jackson Township had an average of 106 days on market in May 2024, up by 18.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jackson Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Jackson Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.