Is Richmond 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, Richmond Township has remained a Seller's Market.
Housing Prices in Richmond Township, OH
How much do homes in Richmond Township, OH cost?
Median Sold Price
$203,500
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Richmond Township was $203,500 in April 2024, up 31.3% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $34.7K | $22.5K | -35.2% |
2 Bedrooms | $117K | $74.5K | -36.3% |
3 Bedrooms | $155K | $220K | +41.9% |
4 Bedrooms | $160.5K | $440K | +174.1% |
5+ Bedrooms | $355K | $600K | +69.0% |
Summary: Richmond Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.2%, 2 bedroom homes decreased by 36.3%, 3 bedroom homes increased by 41.9%, 4 bedroom homes increased by 174.1%, and 5+ bedroom homes increased by 69%.
Median Sold Price Compared To Nearby Cities
Richmond Township | $155K | $203.5K | +31.3% |
Andover Township | $147.5K | $162.4K | +10.1% |
Housing Supply in Richmond Township, OH
How many homes are available in Richmond Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Summary: The Richmond Township real estate market had 5 homes for sale in April 2024, the same as 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 | 2 | 3 | +50.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Richmond 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Richmond Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Richmond Township, OH
How long does it take to sell a home in Richmond Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
133 Days | 339 Days | +154.9% |
Summary: Homes in Richmond Township had an average of 339 days on market in Apr 2024, up by 154.9% compared to last year.
Breakdown of Home Sale Times
0 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, 1 homes were sold in Richmond Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.