Is Moorefield 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, Moorefield Township has remained a Seller's Market.
Housing Prices in Moorefield Township, OH
How much do homes in Moorefield Township, OH cost?
Median Sold Price
$239,900
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Moorefield Township was $239,900 in April 2024, up 9.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80.5K | - | N/A |
2 Bedrooms | $163.7K | $174.9K | +6.8% |
3 Bedrooms | $215K | $240K | +11.6% |
4 Bedrooms | $255K | $355K | +39.2% |
5+ Bedrooms | $350K | $557.7K | +59.4% |
Summary: Moorefield 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 increased by 6.8%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 39.2%, and 5+ bedroom homes increased by 59.4%.
Median Sold Price Compared To Nearby Cities
Springfield | $135.6K | $179.2K | +32.1% |
Moorefield Township | $219.9K | $239.9K | +9.1% |
Urbana Township | $189.9K | $205K | +8.0% |
Pleasant Township | $295K | $239.9K | -18.7% |
Housing Supply in Moorefield Township, OH
How many homes are available in Moorefield Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 21 | -22.2% |
Summary: The Moorefield Township real estate market had 21 homes for sale in April 2024, a 22.2% decrease 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 | 7 | 4 | -42.9% |
3 Bedrooms | 13 | 10 | -23.1% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Moorefield 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 42.9%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Moorefield Township in April 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Moorefield Township, OH
How long does it take to sell a home in Moorefield Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 86 Days | +27.3% |
Summary: Homes in Moorefield Township had an average of 86 days on market in Apr 2024, up by 27.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Moorefield Township; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.