Is Londonderry Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Londonderry Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Londonderry Township was a Seller's Market.

Key Takeaway

Londonderry Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Londonderry Township, OH

How much do homes in Londonderry Township, OH cost?

Median Sold Price

$230,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$45,000(+24.3%)

Key Takeaway

Homes in Londonderry Township have sold for 24.3% more than they did a year ago.

Summary: The median home sold price in Londonderry Township was $230,000 in May 2024, up 24.3% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$200K
N/A
2 $125.7K$121K
-3.8%
3 $155K$350K
+125.8%
4 $235K-
N/A
5+ $247.5K-
N/A

Summary: Londonderry Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 125.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Londonderry Township, OH

How many homes are available in Londonderry Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
46+50.0%

Summary: The Londonderry Township real estate market had 6 homes for sale in May 2024, a 50.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 22
0.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Londonderry 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Londonderry Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Londonderry Township in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Londonderry Township, OH

How long does it take to sell a home in Londonderry Township, OH?

Average Sale Time

May 2023May 2024CHANGE
23 Days3 Days-87.1%

Summary: Homes in Londonderry Township had an average of 3 days on market in May 2024, down by 87.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Londonderry Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Londonderry Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Londonderry Township, OH

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