American Township Housing Market Report January 2025Allen County, Ohio

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Housing Prices in American Township, OH

How much do homes in American Township, OH cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

American Township is a Seller's Market

Difference Since January 2024

Since last year, American Township has remained a Seller's Market.

Insight

American Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$202,000$129/SqFt
+$500
0.2%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in American Township has remained the same since last year.

Summary: The median home sold price in American Township was $202,000 in January 2025, up 0.2% from last year, and the median price per square foot was $129.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Shawnee Township
+7.8%
Lima
+4.5%
American Township
0.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$40.5K$68K
+67.9%
2$88K$125K
+42.0%
3$202.5K$210K
+3.7%
4$232.5K$269.9K
+16.1%
5$206K$279.9K
+35.9%

Summary: American Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +67.9%. The home price for 2 bedroom homes increased by +42.0%. The home price for 3 bedroom homes increased by +3.7%. The home price for 4 bedroom homes increased by +16.1%. The home price for 5 bedroom homes increased by +35.9%.

Housing supply in American Township, OH

How many homes are available in American Township, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
39Last MonthJan 2025
322 months agoDec 2024
+21.9 %
Change MoMDec – Jan

Summary: The American Township real estate market had 39 homes for sale in Jan 2025, a 21.9 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
8Last MonthJan 2025
72 months agoDec 2024
+14.3 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
112
+100.0%
235
+66.7%
31616
0.0%
4913
+44.4%
533
0.0%

Summary: American Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +66.7%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +44.4%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in American Township, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price7 Homes

Insight

If you're buying a home in American Township, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in American Township in January 2025, up by 14.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and and 13% were sold over asking.

Days on Market for American Township, OH

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days5 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in American Township has remained consistent over time.

Summary: During January 2025, 8 homes were sold in American Township; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
74 DaysThis YearJan 2025
44 Days1 year agoJan 2024
+68.0 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in American Township had an average listing age of 74 days in Jan 2025, up by 68.0% compared to the previous year.

Newest Listings in American Township, OH

What homes are available in American Township, OH?

Nearby markets

Nearby markets aren't available for American Township, OH

MLS Disclaimers and Copyright

Based on information from West Central Association of REALTORS MLS, Western Regional Information Systems and Technology Inc., and Mansfield Assocation of REALTORS® MLS for the period 02/01/2023 - 02/01/2025

Information is provided by West Central Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 – West Central Association of REALTORS – All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 1:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information is provided by Western Regional Information Systems and Technology, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 1:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither Listing Broker(s) this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright Mansfield Association of REALTORS® Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 1:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.