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
$131,333
$90/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 $131,333 in May 2024, down 6.2% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $63K | +57.5% |
2 Bedrooms | $109.5K | $88.5K | -19.2% |
3 Bedrooms | $135K | $129.9K | -3.7% |
4 Bedrooms | $185K | $190K | +2.7% |
5+ Bedrooms | $243.9K | $229.9K | -5.7% |
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 19.2%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 5.7%.
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 |
---|---|---|
225 | 233 | +3.6% |
Summary: The Warren Township real estate market had 233 homes for sale in May 2024, a 3.6% 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 | 46 | 51 | +10.9% |
3 Bedrooms | 120 | 121 | +0.8% |
4 Bedrooms | 49 | 46 | -6.1% |
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 10.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
65 | 68 | +4.6% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Warren Township in May 2024, up by 4.6% month-over-month. Of the 68 sold homes, 54% were sold under asking, 12% were sold at asking, and 34% 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 |
---|---|---|
43 Days | 41 Days | -5.1% |
Summary: Homes in Warren Township had an average of 41 days on market in May 2024, down by 5.1% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 68 homes were sold in Warren Township; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.