Is Newton 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, Newton Township has remained a Seller's Market.
Housing Prices in Newton Township, OH
How much do homes in Newton Township, OH cost?
Median Sold Price
$200,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Newton Township was $200,000 in May 2024, down 5.2% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $135K | -6.9% |
3 Bedrooms | $200.5K | $222.9K | +11.2% |
4 Bedrooms | $315K | $207.5K | -34.1% |
5+ Bedrooms | $510K | - | N/A |
Summary: Newton 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 6.9%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 34.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Union Township | $200K | $212.5K | +6.3% |
Newton Township | $211K | $200K | -5.2% |
Newberry Township | $169.7K | $154.9K | -8.7% |
Pleasant Hill | $212.5K | $180.2K | -15.2% |
Housing Supply in Newton Township, OH
How many homes are available in Newton Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Summary: The Newton Township real estate market had 5 homes for sale in May 2024, a 16.7% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Newton 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 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
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Newton Township in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Newton Township, OH
How long does it take to sell a home in Newton Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
63 Days | 53 Days | -16.5% |
Summary: Homes in Newton Township had an average of 53 days on market in May 2024, down by 16.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Newton 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.