Is Lexington Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lexington Township has remained a Seller's Market.
Housing Prices in Lexington Township, OH
How much do homes in Lexington Township, OH cost?
Median Sold Price
$206,650
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lexington Township was $206,650 in May 2024, up 19.1% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $50K | -50.0% |
2 Bedrooms | $110K | $89K | -19.1% |
3 Bedrooms | $173.4K | $196.7K | +13.4% |
4 Bedrooms | $200K | $268.5K | +34.3% |
5+ Bedrooms | - | $178.4K | N/A |
Summary: Lexington Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 19.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 34.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lexington Township | $173.4K | $206.6K | +19.1% |
Alliance | $137.5K | $144.6K | +5.2% |
Housing Supply in Lexington Township, OH
How many homes are available in Lexington Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Summary: The Lexington Township real estate market had 10 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lexington Township housing inventory by bedroom type for May 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 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lexington Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Lexington Township, OH
How long does it take to sell a home in Lexington Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 23 Days | -19.0% |
Summary: Homes in Lexington Township had an average of 23 days on market in May 2024, down by 19% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Lexington 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.