Is Lanier 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, Lanier Township has remained a Seller's Market.
Key Takeaway
Lanier Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lanier Township, OH
How much do homes in Lanier Township, OH cost?
Median Sold Price
$201,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Lanier Township have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Lanier Township was $201,000 in May 2024, up 8.6% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.9K | $115K | -36.1% |
| 3 Bedrooms | $177K | $190K | +7.3% |
| 4 Bedrooms | $202K | $284.7K | +41.0% |
| 5+ Bedrooms | $159K | - | N/A |
Summary: Lanier 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 decreased by 36.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 41%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Gratis Township | $159.5K | $220K | +37.9% |
| Twin Township | $184K | $215K | +16.8% |
| West Alexandria | $180K | $200.5K | +11.4% |
| Lanier Township | $185K | $201K | +8.6% |
| Jackson Township | $194.5K | $189.5K | -2.6% |
Housing Supply in Lanier Township, OH
How many homes are available in Lanier Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The Lanier Township real estate market had 10 homes for sale in May 2024, a 25.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Lanier 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 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lanier Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Lanier Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Lanier Township, OH
How long does it take to sell a home in Lanier Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 42 Days | 35 Days | -17.2% |
Summary: Homes in Lanier Township had an average of 35 days on market in May 2024, down by 17.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lanier Township has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Lanier 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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