Is Marion 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, Marion Township has remained a Seller's Market.
Housing Prices in Marion Township, OH
How much do homes in Marion Township, OH cost?
Median Sold Price
$164,275
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marion Township was $164,275 in April 2024, up 6% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $72K | +140.0% |
2 Bedrooms | $113.5K | $128K | +12.8% |
3 Bedrooms | $152.2K | $155.8K | +2.4% |
4 Bedrooms | $215K | $219.7K | +2.2% |
5+ Bedrooms | $395.9K | $294.9K | -25.5% |
Summary: Marion Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 140%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 25.5%.
Median Sold Price Compared To Nearby Cities
Marion Township | $155K | $164.2K | +6.0% |
Rush Creek Township | $283K | $295K | +4.2% |
Falls Township | $180.2K | $182.7K | +1.4% |
Housing Supply in Marion Township, OH
How many homes are available in Marion Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
241 | 263 | +9.1% |
Summary: The Marion Township real estate market had 263 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 40 | 44 | +10.0% |
3 Bedrooms | 131 | 136 | +3.8% |
4 Bedrooms | 54 | 63 | +16.7% |
5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Marion 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 increased by 10%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 52 | +6.1% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Marion Township in April 2024, up by 6.1% month-over-month. Of the 52 sold homes, 54% were sold under asking, 10% were sold at asking, and 37% were sold over asking.
Days on Market for Marion Township, OH
How long does it take to sell a home in Marion Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 24 Days | -29.6% |
Summary: Homes in Marion Township had an average of 24 days on market in Apr 2024, down by 29.6% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 52 homes were sold in Marion Township; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.