Is Sugar Creek Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Sugar Creek Township has remained a Seller's Market.
Key Takeaway
Sugar Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sugar Creek Township, OH
How much do homes in Sugar Creek Township, OH cost?
Median Sold Price
$325,000
$155/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Sugar Creek Township have sold for 4.8% less than they did a month ago.
Summary: The median home sold price in Sugar Creek Township was $325,000 in May 2024, down 4.8% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $227.5K | $253.7K | +11.5% |
| 4 Bedrooms | - | $350K | N/A |
| 5+ Bedrooms | $455K | - | N/A |
Summary: Sugar Creek Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sugar Creek Township | $341.2K | $325K | -4.8% |
| Dalton | $455K | $337.5K | -25.8% |
Housing Supply in Sugar Creek Township, OH
How many homes are available in Sugar Creek Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Sugar Creek Township real estate market had 12 homes for sale in May 2024, a 33.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sugar Creek 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 increased by 75%, 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
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Creek Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Sugar Creek Township in May 2024, up by 50.0% 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 Sugar Creek Township, OH
How long does it take to sell a home in Sugar Creek Township, OH?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 Days | 14 Days | -15.7% |
Summary: Homes in Sugar Creek Township had an average of 14 days on market in May 2024, down by 15.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sugar Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Sugar Creek Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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