Is Warren 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, Warren Township has remained a Seller's Market.
Housing Prices in Warren Township, OH
How much do homes in Warren Township, OH cost?
Median Sold Price
$126,864
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Warren Township was $126,864 in May 2024, down 6.8% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $63K | +57.5% |
2 Bedrooms | $107.5K | $88.7K | -17.4% |
3 Bedrooms | $133.1K | $126.2K | -5.1% |
4 Bedrooms | $182.5K | $189K | +3.6% |
5+ Bedrooms | $233K | $214.9K | -7.7% |
Summary: Warren Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.5%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
Howland Township | $180K | $199K | +10.6% |
Champion Township | $174.3K | $184K | +5.5% |
Warren Township | $136.1K | $126.8K | -6.8% |
Warren | $139.1K | $129.5K | -6.9% |
Housing Supply in Warren Township, OH
How many homes are available in Warren Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
218 | 220 | +0.9% |
Summary: The Warren Township real estate market had 220 homes for sale in May 2024, a 0.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 44 | 49 | +11.4% |
3 Bedrooms | 117 | 113 | -3.4% |
4 Bedrooms | 47 | 43 | -8.5% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Warren Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.4%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
65 | 67 | +3.1% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 67 homes were sold or pending in Warren Township in May 2024, up by 3.1% month-over-month. Of the 67 sold homes, 52% were sold under asking, 12% were sold at asking, and 36% were sold over asking.
Days on Market for Warren Township, OH
How long does it take to sell a home in Warren Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 39 Days | +5.6% |
Summary: Homes in Warren Township had an average of 39 days on market in May 2024, up by 5.6% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 67 homes were sold in Warren Township; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.