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
$130,000
$89/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 $130,000 in May 2024, down 7.1% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $63K | +57.5% |
2 Bedrooms | $107.5K | $89.4K | -16.8% |
3 Bedrooms | $135K | $129.6K | -3.9% |
4 Bedrooms | $180K | $190K | +5.6% |
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 16.8%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 5.7%.
Median Sold Price Compared To Nearby Cities
Goshen Township | $170K | $166K | -2.4% |
Barnesville | $152K | $142.5K | -6.3% |
Warren Township | $139.9K | $130K | -7.1% |
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 |
---|---|---|
233 | 237 | +1.7% |
Summary: The Warren Township real estate market had 237 homes for sale in May 2024, a 1.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 48 | 52 | +8.3% |
3 Bedrooms | 123 | 121 | -1.6% |
4 Bedrooms | 51 | 47 | -7.8% |
5+ Bedrooms | 10 | 14 | +40.0% |
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 200%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
67 | 72 | +7.5% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 72 homes were sold or pending in Warren Township in May 2024, up by 7.5% month-over-month. Of the 72 sold homes, 53% were sold under asking, 13% were sold at asking, and 35% 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 |
---|---|---|
36 Days | 41 Days | +14.3% |
Summary: Homes in Warren Township had an average of 41 days on market in May 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 72 homes were sold in Warren Township; 54% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.