Is Amherst Township, OH 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, Amherst Township has remained a Seller's Market.
Housing Prices in Amherst Township, OH
How much do homes in Amherst Township, OH cost?
Median Sold Price
$265,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Amherst Township was $265,000 in April 2024, up 9.5% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $168.4K | $157.5K | -6.5% |
3 Bedrooms | $225K | $251K | +11.6% |
4 Bedrooms | $275K | $302.5K | +10.0% |
5+ Bedrooms | $339.9K | $522.5K | +53.7% |
Summary: Amherst 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 decreased by 6.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 53.7%.
Housing Supply in Amherst Township, OH
How many homes are available in Amherst Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 44 | +4.8% |
Summary: The Amherst Township real estate market had 44 homes for sale in April 2024, a 4.8% 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 | 4 | 10 | +150.0% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 16 | 11 | -31.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Amherst 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 150%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 10 | -41.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Amherst Township in April 2024, down by 41.2% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Amherst Township, OH
How long does it take to sell a home in Amherst Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
87 Days | 21 Days | -75.2% |
Summary: Homes in Amherst Township had an average of 21 days on market in Apr 2024, down by 75.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Amherst Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.