Is Silvercreek 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, Silvercreek Township has remained a Seller's Market.
Key Takeaway
Silvercreek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Silvercreek Township, OH
How much do homes in Silvercreek Township, OH cost?
Median Sold Price
$191,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Silvercreek Township have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Silvercreek Township was $191,000 in April 2024, up 12.4% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $139K | -57.2% |
| 2 Bedrooms | $73K | $132K | +80.8% |
| 3 Bedrooms | $170K | $181K | +6.5% |
| 4 Bedrooms | $229.9K | $267.5K | +16.3% |
| 5+ Bedrooms | $287K | $205K | -28.6% |
Summary: Silvercreek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.2%, 2 bedroom homes increased by 80.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 28.6%.
Median Sold Price Compared To Nearby Cities
| Jamestown | $170.2K | $225K | +32.2% |
| Silvercreek Township | $170K | $191K | +12.4% |
| Jefferson Township | $186.5K | $175K | -6.2% |
Housing Supply in Silvercreek Township, OH
How many homes are available in Silvercreek Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Silvercreek Township real estate market had 14 homes for sale in April 2024, a 7.7% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Silvercreek 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 decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Silvercreek Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Silvercreek Township in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Silvercreek Township, OH
How long does it take to sell a home in Silvercreek Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 138 Days | 61 Days | -55.4% |
Summary: Homes in Silvercreek Township had an average of 61 days on market in Apr 2024, down by 55.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Silvercreek Township has remained consistent over time.
Summary: During April 2024, 4 homes were sold in Silvercreek Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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