Is Columbiana County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbiana County is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Columbiana County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Columbiana County, OH

How much do homes in Columbiana County, OH cost?

Median Sold Price

$160,000

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$9,499(+6.3%)

Key Takeaway

Homes in Columbiana County have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Columbiana County was $160,000 in May 2024, up 6.3% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $88K$70.6K
-19.7%
2 $110K$115K
+4.5%
3 $155.3K$172K
+10.7%
4 $231K$193K
-16.5%
5+ $220K$166K
-24.5%

Summary: Columbiana County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.7%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes decreased by 24.5%.

Median Sold Price Compared To Nearby Counties

Mahoning County
+9.7%
Columbiana County
+6.3%
Carroll County
+5.3%
Hancock County
+5.0%
Jefferson County
+3.4%

Housing Supply in Columbiana County, OH

How many homes are available in Columbiana County, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
352373+6.0%

Summary: The Columbiana County real estate market had 373 homes for sale in May 2024, a 6.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 8187
+7.4%
3 184192
+4.3%
4 6572
+10.8%
5+ 2020
0.0%

Summary: The Columbiana County 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 7.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
7187+22.5%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbiana County, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in Columbiana County in May 2024, up by 22.5% month-over-month. Of the 86 sold homes, 58% were sold under asking, 19% were sold at asking, and 23% were sold over asking.

Days on Market for Columbiana County, OH

How long does it take to sell a home in Columbiana County, OH?

Average Sale Time

May 2023May 2024CHANGE
73 Days66 Days-8.9%

Summary: Homes in Columbiana County had an average of 66 days on market in May 2024, down by 8.9% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Columbiana County has remained consistent over time.

Summary: During May 2024, 87 homes were sold in Columbiana County; 33% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Columbiana County, OH

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