Is Put-in-Bay Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Put-in-Bay Township was a Seller's Market.
Key Takeaway
Put-in-Bay Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Put-in-Bay Township, OH
How much do homes in Put-in-Bay Township, OH cost?
Median Sold Price
$400,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Put-in-Bay Township have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in Put-in-Bay Township was $400,000 in May 2024, down 4.8% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $201.5K | $287.5K | +42.7% |
| 2 Bedrooms | $525K | $300K | -42.9% |
| 3 Bedrooms | $260K | $392.5K | +51.0% |
| 4 Bedrooms | $1.5M | $505K | -66.6% |
| 5+ Bedrooms | $750K | $765K | +2.0% |
Summary: Put-in-Bay Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.7%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 51%, 4 bedroom homes decreased by 66.6%, and 5+ bedroom homes increased by 2%.
Housing Supply in Put-in-Bay Township, OH
How many homes are available in Put-in-Bay Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Put-in-Bay Township real estate market had 10 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 | 2 | 0 | -100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Put-in-Bay Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Put-in-Bay Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Put-in-Bay Township in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Put-in-Bay Township, OH
How long does it take to sell a home in Put-in-Bay Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 112 Days | 32 Days | -71.4% |
Summary: Homes in Put-in-Bay Township had an average of 32 days on market in May 2024, down by 71.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Put-in-Bay Township has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Put-in-Bay 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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