#225005073, Lori Lynn, Listing Office: Keller Williams Consultants
Norwich Township Housing Market Report January 2025•Franklin County, Ohio
Housing Prices in Norwich Township, OH
How much do homes in Norwich Township, OH cost?
Housing Market Conditions
Is Norwich Township, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Norwich Township is a Neutral Market
Difference Since January 2024
At the same time last year, Norwich Township was a Seller's Market.
Norwich 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.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Norwich Township have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Norwich Township was $410,000 in January 2025, down 2.1% from last year, and the median price per square foot was $210.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Columbus | $276.6K | $285.1K | +3.1% |
Upper Arlington | $577K | $580K | 0.5% |
Hilliard | $372.6K | $373.3K | 0.2% |
Norwich Township | $418.9K | $410K | -2.1% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $174.5K | N/A |
22 Bedrooms | $294K | $350K | +19.0% |
33 Bedrooms | $345.5K | $349.9K | +1.3% |
44 Bedrooms | $463.6K | $497.4K | +7.3% |
55+ Bedrooms | $610K | $560K | -8.2% |
Summary: Norwich Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +19.0%. The home price for 3 bedroom homes increased by +1.3%. The home price for 4 bedroom homes increased by +7.3%. The home price for 5 bedroom homes decreased by -8.2%.
Housing supply in Norwich Township, OH
How many homes are available in Norwich Township, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
52Last MonthJan 2025 | ||
632 months agoDec 2024 | -17.5 % Change MoMDec – Jan |
Summary: The Norwich Township real estate market had 52 homes for sale in Jan 2025, a 17.5 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthJan 2025 | ||
292 months agoDec 2024 | -72.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 9 | 6 | -33.3% |
33 Bedrooms | 30 | 25 | -16.7% |
44 Bedrooms | 20 | 20 | 0.0% |
55+ Bedrooms | 4 | 1 | -75.0% |
Summary: Norwich Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -75.0%.
Asking Price vs. Sold Price
How much do homes in Norwich Township, OH cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price6 Homes
If you're buying a home in Norwich Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Norwich Township in January 2025, down by 72.4% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and and 13% were sold over asking.
Days on Market for Norwich Township, OH
How long does it take to sell a home in Norwich Township, OH?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Many homes in Norwich Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 8 homes were sold in Norwich Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
41 DaysThis YearJan 2025 | ||
37 Days1 year agoJan 2024 | +9.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Norwich Township had an average listing age of 41 days in Jan 2025, up by 9.4% compared to the previous year.
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Newest Listings in Norwich Township, OH
What homes are available in Norwich Township, OH?
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MLS Disclaimers and Copyright
Based on information from Columbus and Central Ohio Regional MLS, and MLS Now for the period 02/01/2023 - 02/01/2025
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Copyright © 2025 Columbus and Central Ohio Regional 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: 2/21/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.