Is Bath 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, Bath Township has remained a Seller's Market.
Key Takeaway
Bath Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bath Township, OH
How much do homes in Bath Township, OH cost?
Median Sold Price
$489,950
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bath Township have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Bath Township was $489,950 in May 2024, up 3.1% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $184.5K | $215K | +16.5% |
| 3 Bedrooms | $357K | $425K | +19.0% |
| 4 Bedrooms | $520K | $490K | -5.8% |
| 5+ Bedrooms | $987K | $949K | -3.9% |
Summary: Bath 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 16.5%, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Granger Township | $425K | $515K | +21.2% |
| Cuyahoga Falls | $189.2K | $210.9K | +11.5% |
| Bath Township | $475.2K | $489.9K | +3.1% |
| Fairlawn | $287.1K | $273.8K | -4.6% |
| Richfield Township | $560K | $521.1K | -6.9% |
Housing Supply in Bath Township, OH
How many homes are available in Bath Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 38 | +15.2% |
Summary: The Bath Township real estate market had 38 homes for sale in May 2024, a 15.2% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 15 | 19 | +26.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Bath 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 decreased by 25%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bath 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 Bath Township in May 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for Bath Township, OH
How long does it take to sell a home in Bath Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 23 Days | 18 Days | -20.2% |
Summary: Homes in Bath Township had an average of 18 days on market in May 2024, down by 20.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bath Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Bath Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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