Is Ohio Township, PA 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, Ohio Township has remained a Seller's Market.
Key Takeaway
Ohio Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ohio Township, PA
How much do homes in Ohio Township, PA cost?
Median Sold Price
$460,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ohio Township have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Ohio Township was $460,000 in April 2024, up 2.9% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $421.2K | $453K | +7.5% |
| 3 Bedrooms | $402.5K | $425K | +5.6% |
| 4 Bedrooms | $580K | $560K | -3.4% |
| 5+ Bedrooms | - | $882.5K | N/A |
Summary: Ohio 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 7.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Franklin Park | $450K | $515K | +14.4% |
| Ross Township | $250K | $268.2K | +7.3% |
| Ohio Township | $447K | $460K | +2.9% |
Housing Supply in Ohio Township, PA
How many homes are available in Ohio Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Ohio Township real estate market had 18 homes for sale in April 2024, a 10.0% decrease 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Ohio 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 decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ohio Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Ohio Township in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Ohio Township, PA
How long does it take to sell a home in Ohio Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 31 Days | -2.7% |
Summary: Homes in Ohio Township had an average of 31 days on market in Apr 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ohio Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Ohio 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.
