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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Washington Township was a Seller's Market.

Key Takeaway

Washington Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Washington Township, OH

How much do homes in Washington Township, OH cost?

Median Sold Price

$319,000

$116/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$164,000(+105.8%)

Key Takeaway

Homes in Washington Township have sold for 105.8% more than they did a month ago.

Summary: The median home sold price in Washington Township was $319,000 in April 2024, up 105.8% from last month, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $155K$319K
+105.8%
4 --
N/A
5+ --
N/A

Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 105.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Washington Township
+105.8%
Helena
+67.5%
Elmore
-2.9%

Housing Supply in Washington Township, OH

How many homes are available in Washington Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
46+50.0%

Summary: The Washington Township real estate market had 6 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 35
+66.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Washington 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Washington Township in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Washington Township, OH

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

Average Sale Time

Mar 2024Apr 2024CHANGE
135 Days102 Days-24.4%

Summary: Homes in Washington Township had an average of 102 days on market in Apr 2024, down by 24.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Washington Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Washington Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in Washington Township, OH

Nearby Markets to Washington Township, OH

What housing markets are near Washington Township, OH?