Is Springfield 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, Springfield Township has remained a Seller's Market.
Housing Prices in Springfield Township, OH
How much do homes in Springfield Township, OH cost?
Median Sold Price
$179,308
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Springfield Township was $179,308 in April 2024, down 0.4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $191.7K | $58.7K | -69.4% |
2 Bedrooms | $118.5K | $135K | +13.9% |
3 Bedrooms | $181K | $187K | +3.3% |
4 Bedrooms | $276.7K | $240K | -13.3% |
5+ Bedrooms | $310K | $230K | -25.8% |
Summary: Springfield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.4%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 25.8%.
Median Sold Price Compared To Nearby Cities
Springfield | $135.6K | $179.2K | +32.1% |
Moorefield Township | $219.9K | $239.9K | +9.1% |
Springfield Township | $180K | $179.3K | -0.4% |
Housing Supply in Springfield Township, OH
How many homes are available in Springfield Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
209 | 208 | -0.5% |
Summary: The Springfield Township real estate market had 208 homes for sale in April 2024, a 0.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 39 | 38 | -2.6% |
3 Bedrooms | 106 | 102 | -3.8% |
4 Bedrooms | 51 | 53 | +3.9% |
5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Springfield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 54 | -11.5% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Springfield Township in April 2024, down by 11.5% month-over-month. Of the 54 sold homes, 48% were sold under asking, 22% were sold at asking, and 30% were sold over asking.
Days on Market for Springfield Township, OH
How long does it take to sell a home in Springfield Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 56 Days | -3.5% |
Summary: Homes in Springfield Township had an average of 56 days on market in Apr 2024, down by 3.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 54 homes were sold in Springfield Township; 28% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.