Is Wakeman 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, Wakeman Township has remained a Seller's Market.
Housing Prices in Wakeman Township, OH
How much do homes in Wakeman Township, OH cost?
Median Sold Price
$315,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wakeman Township was $315,000 in April 2024, up 22.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $275K | $281.9K | +2.5% |
3 Bedrooms | $250K | $280.5K | +12.2% |
4 Bedrooms | $205K | $342K | +66.8% |
5+ Bedrooms | $410K | $367.5K | -10.4% |
Summary: Wakeman 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 2.5%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 66.8%, and 5+ bedroom homes decreased by 10.4%.
Median Sold Price Compared To Nearby Cities
Wakeman Township | $257.5K | $315K | +22.3% |
Wakeman | $257.5K | $315K | +22.3% |
Florence Township | $291K | $323K | +11.0% |
Camden Township | $189.9K | $170K | -10.5% |
Housing Supply in Wakeman Township, OH
How many homes are available in Wakeman Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Summary: The Wakeman Township real estate market had 11 homes for sale in April 2024, a 120.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 5 | 9 | +80.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wakeman 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 increased by 100%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Wakeman Township in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Wakeman Township, OH
How long does it take to sell a home in Wakeman Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 18 Days | -47.9% |
Summary: Homes in Wakeman Township had an average of 18 days on market in Apr 2024, down by 47.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Wakeman Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.