Is LaGrange 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, LaGrange Township has remained a Seller's Market.
Key Takeaway
LaGrange Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in LaGrange Township, OH
How much do homes in LaGrange Township, OH cost?
Median Sold Price
$259,625
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in LaGrange Township have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in LaGrange Township was $259,625 in April 2024, down 3.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $212.5K | -3.4% |
| 3 Bedrooms | $243.5K | $260.5K | +7.0% |
| 4 Bedrooms | $355K | $255K | -28.2% |
| 5+ Bedrooms | $384.9K | $315.2K | -18.1% |
Summary: LaGrange 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 3.4%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 28.2%, and 5+ bedroom homes decreased by 18.1%.
Median Sold Price Compared To Nearby Cities
| LaGrange Township | $270K | $259.6K | -3.8% |
| LaGrange | $270K | $254.7K | -5.6% |
| Grafton | $279.4K | $259.2K | -7.2% |
| Grafton Township | $285K | $259.6K | -8.9% |
Housing Supply in LaGrange Township, OH
How many homes are available in LaGrange Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The LaGrange Township real estate market had 21 homes for sale in April 2024, a 5.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The LaGrange 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in LaGrange Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in LaGrange Township in April 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for LaGrange Township, OH
How long does it take to sell a home in LaGrange Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 78 Days | 33 Days | -57.9% |
Summary: Homes in LaGrange Township had an average of 33 days on market in Apr 2024, down by 57.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in LaGrange Township has remained consistent over time.
Summary: During April 2024, 5 homes were sold in LaGrange Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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