Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, OH
How much do homes in Washington Township, OH cost?
Median Sold Price
$490,187
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Washington Township was $490,187 in May 2024, up 42.1% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $315K | $372.5K | +18.3% |
3 Bedrooms | $340K | $367K | +7.9% |
4 Bedrooms | $530K | $633.3K | +19.5% |
5+ Bedrooms | $757.5K | $700K | -7.6% |
Summary: Washington 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 18.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
Washington Township | $345K | $490.1K | +42.1% |
Norwich Township | $384K | $400.4K | +4.3% |
Hilliard | $353.2K | $365K | +3.4% |
Dublin | $474K | $444.1K | -6.3% |
Housing Supply in Washington Township, OH
How many homes are available in Washington Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Summary: The Washington Township real estate market had 9 homes for sale in May 2024, a 28.6% increase 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 | 3 | +200.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Washington 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 increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Washington Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Washington Township, OH
How long does it take to sell a home in Washington Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
3 Days | 26 Days | +766.7% |
Summary: Homes in Washington Township had an average of 26 days on market in May 2024, up by 766.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Washington Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.