Is Cedarville 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, Cedarville Township has remained a Seller's Market.
Key Takeaway
Cedarville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cedarville Township, OH
How much do homes in Cedarville Township, OH cost?
Median Sold Price
$257,500
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Cedarville Township have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Cedarville Township was $257,500 in May 2024, up 9.6% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $98K | $117.2K | +19.6% |
| 3 Bedrooms | $227.5K | $240K | +5.5% |
| 4 Bedrooms | $249.9K | $330K | +32.1% |
| 5+ Bedrooms | $297.5K | $257.5K | -13.4% |
Summary: Cedarville 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 19.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
| Miami Township | $323K | $379K | +17.3% |
| Cedarville Township | $235K | $257.5K | +9.6% |
| Cedarville | $235K | $257.5K | +9.6% |
| New Jasper Township | $242K | $250K | +3.3% |
Housing Supply in Cedarville Township, OH
How many homes are available in Cedarville Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Summary: The Cedarville Township real estate market had 3 homes for sale in May 2024, a 50.0% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cedarville 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedarville Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Cedarville Township in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Cedarville Township, OH
How long does it take to sell a home in Cedarville Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 64 Days | 22 Days | -65.8% |
Summary: Homes in Cedarville Township had an average of 22 days on market in May 2024, down by 65.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cedarville Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Cedarville Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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