Is Orange 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, Orange Township has remained a Seller's Market.
Housing Prices in Orange Township, OH
How much do homes in Orange Township, OH cost?
Median Sold Price
$519,950
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Orange Township was $519,950 in April 2024, up 13.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $290K | $318.5K | +9.8% |
3 Bedrooms | $405K | $415K | +2.5% |
4 Bedrooms | $525K | $569K | +8.4% |
5+ Bedrooms | $662.5K | $715K | +7.9% |
Summary: Orange 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 9.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Cities
Orange Township | $456.9K | $519.9K | +13.8% |
Columbus City Township | $359.1K | $397.6K | +10.7% |
Lewis Center | $457.3K | $499.9K | +9.3% |
Westerville | $376.8K | $400.7K | +6.3% |
Westerville City Township | $425K | $418K | -1.6% |
Housing Supply in Orange Township, OH
How many homes are available in Orange Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
128 | 143 | +11.7% |
Summary: The Orange Township real estate market had 143 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 38 | 41 | +7.9% |
4 Bedrooms | 55 | 65 | +18.2% |
5+ Bedrooms | 23 | 25 | +8.7% |
Summary: The Orange 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 increased by 7.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 27 | -6.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Orange Township in April 2024, down by 6.9% month-over-month. Of the 27 sold homes, 30% were sold under asking, 26% were sold at asking, and 44% were sold over asking.
Days on Market for Orange Township, OH
How long does it take to sell a home in Orange Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 16 Days | -0.3% |
Summary: Homes in Orange Township had an average of 16 days on market in Apr 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Orange Township; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.