Is Struthers, OH 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, Struthers has remained a Seller's Market.
Key Takeaway
Struthers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Struthers, OH
How much do homes in Struthers, OH cost?
Median Sold Price
$132,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Struthers have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in Struthers was $132,000 in May 2024, up 15.5% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83K | - | N/A |
| 2 Bedrooms | $85K | $114K | +34.1% |
| 3 Bedrooms | $120K | $134.9K | +12.5% |
| 4 Bedrooms | $126.2K | $142K | +12.5% |
| 5+ Bedrooms | $167K | $142K | -15.0% |
Summary: Struthers 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 34.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Cities
| Struthers | $114.2K | $132K | +15.5% |
| Campbell | $95K | $109K | +14.7% |
| Poland Township | $230K | $243K | +5.7% |
Housing Supply in Struthers, OH
How many homes are available in Struthers, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Summary: The Struthers real estate market had 33 homes for sale in May 2024, a 2.9% decrease 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Struthers 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 6.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Struthers, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Struthers in May 2024, up by 62.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.
Days on Market for Struthers, OH
How long does it take to sell a home in Struthers, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 25 Days | 37 Days | +46.1% |
Summary: Homes in Struthers had an average of 37 days on market in May 2024, up by 46.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Struthers are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Struthers; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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