Is Perkins Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Perkins Township has remained a Seller's Market.
Key Takeaway
Perkins Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Perkins Township, OH
How much do homes in Perkins Township, OH cost?
Median Sold Price
$215,500
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Perkins Township have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Perkins Township was $215,500 in May 2024, down 3.8% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $31K | $18.6K | -40.0% |
| 2 Bedrooms | $140K | $139K | -0.7% |
| 3 Bedrooms | $215.5K | $213K | -1.2% |
| 4 Bedrooms | $309.2K | $276.2K | -10.7% |
| 5+ Bedrooms | $400K | $621.5K | +55.4% |
Summary: Perkins Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 55.4%.
Median Sold Price Compared To Nearby Cities
| Oxford Township | $269K | $380.5K | +41.4% |
| Huron Township | $257K | $295.5K | +15.0% |
| Margaretta Township | $175K | $195K | +11.4% |
| Sandusky | $146.4K | $157.2K | +7.4% |
| Perkins Township | $224K | $215.5K | -3.8% |
Housing Supply in Perkins Township, OH
How many homes are available in Perkins Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Summary: The Perkins Township real estate market had 40 homes for sale in May 2024, a 29.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 6 | 15 | +150.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Perkins 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 decreased by 33.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perkins Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Perkins Township in May 2024, the same as the previous month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.
Days on Market for Perkins Township, OH
How long does it take to sell a home in Perkins Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 48 Days | 35 Days | -25.9% |
Summary: Homes in Perkins Township had an average of 35 days on market in May 2024, down by 25.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Perkins Township has remained consistent over time.
Summary: During May 2024, 12 homes were sold in Perkins Township; 42% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.