Is Jersey 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, Jersey Township has remained a Buyer's Market.
Key Takeaway
Jersey Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jersey Township, OH
How much do homes in Jersey Township, OH cost?
Median Sold Price
$465,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jersey Township have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Jersey Township was $465,000 in April 2024, up 10.3% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $525K | $399K | -24.0% |
| 3 Bedrooms | $390K | $452.5K | +16.0% |
| 4 Bedrooms | $467.5K | $555K | +18.7% |
| 5+ Bedrooms | - | $694K | N/A |
Summary: Jersey 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 24%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jersey Township | $421.5K | $465K | +10.3% |
| Saint Albans Township | $426.1K | $442.5K | +3.8% |
| Pataskala | $350K | $362.5K | +3.6% |
| Monroe Township | $397.3K | $391.2K | -1.5% |
| New Albany | $700K | $550K | -21.4% |
Housing Supply in Jersey Township, OH
How many homes are available in Jersey Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 30 | +20.0% |
Summary: The Jersey Township real estate market had 30 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jersey 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 decreased by 100%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jersey Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Jersey Township in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Jersey Township, OH
How long does it take to sell a home in Jersey Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 94 Days | +200.0% |
Summary: Homes in Jersey Township had an average of 94 days on market in Apr 2024, up by 200% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jersey Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Jersey Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.