Is Lanier Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lanier Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Lanier Township was a Seller's Market.

Key Takeaway

Lanier Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lanier Township, OH

How much do homes in Lanier Township, OH cost?

Median Sold Price

$201,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,000(+8.6%)

Key Takeaway

Homes in Lanier Township have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Lanier Township was $201,000 in April 2024, up 8.6% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $179.9K$115K
-36.1%
3 $177K$200K
+13.0%
4 $201K$294.5K
+46.5%
5+ $188K$130K
-30.9%

Summary: Lanier 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 36.1%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 46.5%, and 5+ bedroom homes decreased by 30.9%.

Median Sold Price Compared To Nearby Cities

Gratis Township
+37.5%
Twin Township
+14.1%
West Alexandria
+11.4%
Lanier Township
+8.6%
Jackson Township
-7.5%

Housing Supply in Lanier Township, OH

How many homes are available in Lanier Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
129-25.0%

Summary: The Lanier Township real estate market had 9 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 74
-42.9%
4 23
+50.0%
5+ 22
0.0%

Summary: The Lanier 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 decreased by 42.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lanier Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Lanier Township in April 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Lanier Township, OH

How long does it take to sell a home in Lanier Township, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days37 Days+17.5%

Summary: Homes in Lanier Township had an average of 37 days on market in Apr 2024, up by 17.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lanier Township has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Lanier Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Lanier Township, OH

Nearby Markets to Lanier Township, OH

What housing markets are near Lanier Township, OH?