Is Huron 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, Huron Township has remained a Seller's Market.
Key Takeaway
Huron Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Huron Township, OH
How much do homes in Huron Township, OH cost?
Median Sold Price
$295,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Huron Township have sold for 15% more than they did a year ago.
Summary: The median home sold price in Huron Township was $295,500 in May 2024, up 15% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $246.2K | +36.8% |
| 2 Bedrooms | $210K | $301K | +43.3% |
| 3 Bedrooms | $247.5K | $255K | +3.0% |
| 4 Bedrooms | $320K | $358K | +11.9% |
| 5+ Bedrooms | $443.5K | $609.4K | +37.4% |
Summary: Huron Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 43.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 37.4%.
Housing Supply in Huron Township, OH
How many homes are available in Huron Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 47 | +34.3% |
Summary: The Huron Township real estate market had 47 homes for sale in May 2024, a 34.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 16 | 26 | +62.5% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Huron Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Huron Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Huron Township in May 2024, down by 16.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Huron Township, OH
How long does it take to sell a home in Huron Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 30 Days | -25.1% |
Summary: Homes in Huron Township had an average of 30 days on market in May 2024, down by 25.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Huron Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Huron Township; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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