Is West Chester Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, West Chester Township has remained a Seller's Market.
Housing Prices in West Chester Township, OH
How much do homes in West Chester Township, OH cost?
Median Sold Price
$394,000
$180/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in West Chester Township was $394,000 in April 2024, up 9.1% from last month, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $219.5K | $170K | -22.6% |
3 Bedrooms | $438.7K | $351K | -20.0% |
4 Bedrooms | $375K | $440K | +17.3% |
5+ Bedrooms | $453K | $456.2K | +0.7% |
Summary: West Chester 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 decreased by 22.6%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Cities
Deerfield Township | $357.4K | $445.7K | +24.7% |
West Chester | $341.2K | $394K | +15.5% |
West Chester Township | $361.2K | $394K | +9.1% |
Housing Supply in West Chester Township, OH
How many homes are available in West Chester Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 46 | +39.4% |
Summary: The West Chester Township real estate market had 46 homes for sale in April 2024, a 39.4% 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 | 5 | 10 | +100.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 11 | 17 | +54.5% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The West Chester 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 11.1%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in West Chester Township in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 15% were sold under asking, 31% were sold at asking, and 54% were sold over asking.
Days on Market for West Chester Township, OH
How long does it take to sell a home in West Chester Township, OH?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 35 Days | -39.2% |
Summary: Homes in West Chester Township had an average of 35 days on market in Apr 2024, down by 39.2% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in West Chester Township; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.