Is Concord Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Concord Township has remained a Seller's Market.
Housing Prices in Concord Township, OH
How much do homes in Concord Township, OH cost?
Median Sold Price
$250,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Concord Township was $250,000 in April 2024, up 11.1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $42K | $64.5K | +53.6% |
2 Bedrooms | $129.9K | $155K | +19.3% |
3 Bedrooms | $215K | $239K | +11.2% |
4 Bedrooms | $338.1K | $335K | -0.9% |
5+ Bedrooms | $330K | $434.9K | +31.8% |
Summary: Concord Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.6%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 31.8%.
Median Sold Price Compared To Nearby Cities
Troy | $222.5K | $260.4K | +17.1% |
Concord Township | $225K | $250K | +11.1% |
Monroe Township | $300K | $299.6K | -0.1% |
Housing Supply in Concord Township, OH
How many homes are available in Concord Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 78 | +9.9% |
Summary: The Concord Township real estate market had 78 homes for sale in April 2024, a 9.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 31 | 37 | +19.4% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Concord Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 25 | +31.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Concord Township in April 2024, up by 31.6% month-over-month. Of the 25 sold homes, 44% were sold under asking, 12% were sold at asking, and 44% were sold over asking.
Days on Market for Concord Township, OH
How long does it take to sell a home in Concord Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 60 Days | +15.5% |
Summary: Homes in Concord Township had an average of 60 days on market in Apr 2024, up by 15.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Concord Township; 24% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.