Is Auburn 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, Auburn Township has remained a Seller's Market.
Housing Prices in Auburn Township, OH
How much do homes in Auburn Township, OH cost?
Median Sold Price
$494,500
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Auburn Township was $494,500 in April 2024, up 16.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $319K | $318K | -0.3% |
3 Bedrooms | $342.5K | $405K | +18.2% |
4 Bedrooms | $480K | $587.5K | +22.4% |
5+ Bedrooms | $649K | $663K | +2.2% |
Summary: Auburn 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 0.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
Chagrin Falls | $455K | $538K | +18.2% |
Auburn Township | $425K | $494.5K | +16.4% |
Troy Township | $244K | $260K | +6.6% |
Newbury Township | $265K | $261K | -1.5% |
Newbury | $272K | $250.5K | -7.9% |
Housing Supply in Auburn Township, OH
How many homes are available in Auburn Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Summary: The Auburn Township real estate market had 13 homes for sale in April 2024, a 18.8% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 4 | -33.3% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Auburn 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 33.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Auburn Township in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Auburn Township, OH
How long does it take to sell a home in Auburn Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 24 Days | -61.1% |
Summary: Homes in Auburn Township had an average of 24 days on market in Apr 2024, down by 61.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Auburn Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.