Is Polk Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Polk Township was a Neutral Market.
Housing Prices in Polk Township, OH
How much do homes in Polk Township, OH cost?
Median Sold Price
$215,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Polk Township was $215,000 in May 2024, up 2.9% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $113K | $185K | +63.7% |
3 Bedrooms | $199.5K | $206K | +3.3% |
4 Bedrooms | $314.9K | $215K | -31.7% |
5+ Bedrooms | - | $1.0M | N/A |
Summary: Polk Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 63.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 31.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Galion | $148.7K | $180K | +21.0% |
Galion City Township | $138K | $145K | +5.1% |
Polk Township | $209K | $215K | +2.9% |
Jackson Township | $189.9K | $190K | 0.1% |
Jefferson Township | $184.9K | $182.5K | -1.3% |
Housing Supply in Polk Township, OH
How many homes are available in Polk Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Summary: The Polk Township real estate market had 5 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 3 | 5 | +66.7% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Polk 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 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Polk Township in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Polk Township, OH
How long does it take to sell a home in Polk Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
1 Day | 5 Days | +400.0% |
Summary: Homes in Polk Township had an average of 5 days on market in May 2024, up by 400% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Polk Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.