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
$130,935
$90/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 $130,935 in May 2024, down 6.5% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $63K | +57.5% |
2 Bedrooms | $120K | $89.9K | -25.0% |
3 Bedrooms | $135K | $129.4K | -4.1% |
4 Bedrooms | $185K | $190K | +2.7% |
5+ Bedrooms | $239.9K | $229.9K | -4.2% |
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 25%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Cities
Fairfield Township | $195K | $245K | +25.6% |
Monroe Township | $299.9K | $310K | +3.4% |
Rose Township | $252.5K | $243K | -3.8% |
Warren Township | $140K | $130.9K | -6.5% |
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 |
---|---|---|
218 | 220 | +0.9% |
Summary: The Warren Township real estate market had 220 homes for sale in May 2024, a 0.9% 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 | 45 | 50 | +11.1% |
3 Bedrooms | 116 | 112 | -3.4% |
4 Bedrooms | 47 | 43 | -8.5% |
5+ Bedrooms | 9 | 13 | +44.4% |
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 11.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
65 | 68 | +4.6% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Warren Township in May 2024, up by 4.6% month-over-month. Of the 68 sold homes, 53% were sold under asking, 12% were sold at asking, and 35% 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 |
---|---|---|
36 Days | 40 Days | +9.3% |
Summary: Homes in Warren Township had an average of 40 days on market in May 2024, up by 9.3% compared to last year.
Breakdown of Home Sale Times
37 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, 68 homes were sold in Warren Township; 54% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.