Is Rush Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rush Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Rush Township was a Seller's Market.

Key Takeaway

Rush Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Rush Township, OH

How much do homes in Rush Township, OH cost?

Median Sold Price

$255,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$34,800(+15.8%)

Key Takeaway

Homes in Rush Township have sold for 15.8% more than they did a year ago.

Summary: The median home sold price in Rush Township was $255,000 in May 2024, up 15.8% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $270.5K$275K
+1.7%
3 $187.5K$240K
+28.0%
4 $204.9K$285.5K
+39.3%
5+ $245.5K-
N/A

Summary: Rush 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 1.7%, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 39.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rush Township
+15.8%
Allen Township
+6.9%

Housing Supply in Rush Township, OH

How many homes are available in Rush Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
67+16.7%

Summary: The Rush Township real estate market had 7 homes for sale in May 2024, a 16.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 11
0.0%
4 46
+50.0%
5+ 00
0.0%

Summary: The Rush 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rush Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Rush Township in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Rush Township, OH

How long does it take to sell a home in Rush Township, OH?

Average Sale Time

May 2023May 2024CHANGE
2 Days7 Days+250.0%

Summary: Homes in Rush Township had an average of 7 days on market in May 2024, up by 250% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rush Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Rush 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Rush Township, OH

Nearby Markets to Rush Township, OH