Is Warren 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, Warren Township has remained a Seller's Market.
Housing Prices in Warren Township, OH
How much do homes in Warren Township, OH cost?
Median Sold Price
$128,993
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Warren Township was $128,993 in May 2024, down 4.6% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $63K | +57.5% |
2 Bedrooms | $105.5K | $89.9K | -14.8% |
3 Bedrooms | $133.3K | $126.2K | -5.3% |
4 Bedrooms | $179.9K | $190K | +5.6% |
5+ Bedrooms | $236K | $214.9K | -8.9% |
Summary: Warren Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.5%, 2 bedroom homes decreased by 14.8%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
Rayland | $128K | $165K | +28.9% |
Warren Township | $135.2K | $128.9K | -4.6% |
Housing Supply in Warren Township, OH
How many homes are available in Warren Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
222 | 223 | 0.5% |
Summary: The Warren Township real estate market had 223 homes for sale in May 2024, a 0.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 46 | 51 | +10.9% |
3 Bedrooms | 117 | 113 | -3.4% |
4 Bedrooms | 48 | 44 | -8.3% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Warren Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.9%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
67 | 67 | 0.0% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 67 homes were sold or pending in Warren Township in May 2024, the same as the previous month. Of the 67 sold homes, 54% were sold under asking, 12% were sold at asking, and 34% were sold over asking.
Days on Market for Warren Township, OH
How long does it take to sell a home in Warren Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 40 Days | +3.9% |
Summary: Homes in Warren Township had an average of 40 days on market in May 2024, up by 3.9% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 67 homes were sold in Warren Township; 54% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.