Is Ohio Township, PA 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, Ohio Township has remained a Seller's Market.
Housing Prices in Ohio Township, PA
How much do homes in Ohio Township, PA cost?
Median Sold Price
$484,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ohio Township was $484,000 in May 2024, up 8.3% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $389.1K | $451.2K | +15.9% |
3 Bedrooms | $407K | $453K | +11.3% |
4 Bedrooms | $570K | $559.9K | -1.8% |
5+ Bedrooms | - | $728K | N/A |
Summary: Ohio 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 15.9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Franklin Park | $445K | $538K | +20.9% |
Ohio Township | $447K | $484K | +8.3% |
Ross Township | $252.8K | $270.5K | +7.0% |
Housing Supply in Ohio Township, PA
How many homes are available in Ohio Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 26 | +36.8% |
Summary: The Ohio Township real estate market had 26 homes for sale in May 2024, a 36.8% 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 | 5 | 8 | +60.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Ohio 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 increased by 60%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Ohio Township in May 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Ohio Township, PA
How long does it take to sell a home in Ohio Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 33 Days | +17.2% |
Summary: Homes in Ohio Township had an average of 33 days on market in May 2024, up by 17.2% compared to last year.
Breakdown of Home Sale Times
3 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, 6 homes were sold in Ohio Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.