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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Neave Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Neave Township was a Neutral Market.

Key Takeaway

Neave Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Neave Township, OH

How much do homes in Neave Township, OH cost?

Median Sold Price

$178,000

$142/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$43,000(+31.9%)

Key Takeaway

Homes in Neave Township have sold for 31.9% more than they did a month ago.

Summary: The median home sold price in Neave Township was $178,000 in May 2024, up 31.9% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $135K$145.2K
+7.6%
4 -$270K
N/A
5+ --
N/A

Summary: Neave Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Neave Township, OH

How many homes are available in Neave Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
770.0%

Summary: The Neave Township real estate market had 7 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 00
0.0%
3 54
-20.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Neave Township housing inventory by bedroom type for May 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 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Neave Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Neave Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Neave Township, OH

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

Average Sale Time

Apr 2024May 2024CHANGE
57 Days44 Days-22.2%

Summary: Homes in Neave Township had an average of 44 days on market in May 2024, down by 22.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were 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 Neave Township has remained consistent over time.

Summary: During May 2024, 3 homes were sold in Neave 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 1 Day Ago

Newest Listings in Neave Township, OH

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