Is Van Buren 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, Van Buren Township has remained a Seller's Market.
Key Takeaway
Van Buren Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Van Buren Township, OH
How much do homes in Van Buren Township, OH cost?
Median Sold Price
$289,950
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Van Buren Township have sold for 28.9% more than they did a year ago.
Summary: The median home sold price in Van Buren Township was $289,950 in May 2024, up 28.9% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $92.4K | $138.5K | +49.9% |
| 3 Bedrooms | $222K | $228K | +2.7% |
| 4 Bedrooms | $255K | $377.5K | +48.0% |
| 5+ Bedrooms | - | $885K | N/A |
Summary: Van Buren 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 increased by 49.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 48%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Van Buren Township | $225K | $289.9K | +28.9% |
| Franklin Township | $230K | $255.5K | +11.1% |
| Arcanum | $193.5K | $189K | -2.3% |
| Twin Township | $189.4K | $185K | -2.3% |
Housing Supply in Van Buren Township, OH
How many homes are available in Van Buren Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Van Buren Township real estate market had 6 homes for sale in May 2024, a 33.3% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Van Buren 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 decreased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, 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
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Van Buren Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Van Buren Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Van Buren Township, OH
How long does it take to sell a home in Van Buren Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 158 Days | 48 Days | -69.3% |
Summary: Homes in Van Buren Township had an average of 48 days on market in May 2024, down by 69.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Van Buren Township has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Van Buren Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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