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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Violet Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Violet Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Violet Township, OH

How much do homes in Violet Township, OH cost?

Median Sold Price

$430,595

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$45,595(+11.8%)

Key Takeaway

Homes in Violet Township have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Violet Township was $430,595 in April 2024, up 11.8% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $212.5K$156K
-26.6%
2 $229.9K$262.3K
+14.1%
3 $330K$355K
+7.6%
4 $410K$459.4K
+12.1%
5+ $515.4K$556.9K
+8.1%

Summary: Violet Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.6%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Violet Township
+11.8%
Pickerington
+11.3%
Canal Winchester
+7.6%
Madison Township
+2.2%
Canal Winchester
0.0%

Housing Supply in Violet Township, OH

How many homes are available in Violet Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
196217+10.7%

Summary: The Violet Township real estate market had 217 homes for sale in April 2024, a 10.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1411
-21.4%
3 5353
0.0%
4 101126
+24.8%
5+ 2827
-3.6%

Summary: The Violet 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 21.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes decreased by 3.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5049-2.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Violet Township, you could pay more than the asking price. 44.9% of homes here sold above asking price last month.

Summary: A total of 49 homes were sold or pending in Violet Township in April 2024, down by 2.0% month-over-month. Of the 49 sold homes, 27% were sold under asking, 29% were sold at asking, and 45% were sold over asking.

Days on Market for Violet Township, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days21 Days+1.3%

Summary: Homes in Violet Township had an average of 21 days on market in Apr 2024, up by 1.3% compared to last year.

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Violet Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 49 homes were sold in Violet Township; 86% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 6% 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 17 Days Ago

Newest Listings in Violet Township, OH

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