Is Jersey 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, Jersey Township has remained a Seller's Market.
Housing Prices in Jersey Township, OH
How much do homes in Jersey Township, OH cost?
Median Sold Price
$455,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jersey Township was $455,000 in May 2024, up 11% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $399K | N/A |
3 Bedrooms | $377.5K | $397.8K | +5.4% |
4 Bedrooms | $430K | $555K | +29.1% |
5+ Bedrooms | - | $694K | N/A |
Summary: Jersey 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 did not change, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Jersey Township | $410K | $455K | +11.0% |
Pataskala | $349.1K | $365K | +4.5% |
Monroe Township | $388.5K | $385K | -0.9% |
New Albany | $607.5K | $550K | -9.5% |
Housing Supply in Jersey Township, OH
How many homes are available in Jersey Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Summary: The Jersey Township real estate market had 15 homes for sale in May 2024, a 11.8% 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 | 12 | 10 | -16.7% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jersey 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Jersey Township in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Jersey Township, OH
How long does it take to sell a home in Jersey Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
4 Days | 3 Days | -25.9% |
Summary: Homes in Jersey Township had an average of 3 days on market in May 2024, down by 25.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Jersey 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.