Is Stark County, 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, Stark County has remained a Seller's Market.
Housing Prices in Stark County, OH
How much do homes in Stark County, OH cost?
Median Sold Price
$194,231
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Stark County was $194,231 in May 2024, up 7.6% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $81.5K | $53.5K | -34.4% |
2 Bedrooms | $125K | $135K | +8.0% |
3 Bedrooms | $170.1K | $184.9K | +8.7% |
4 Bedrooms | $260K | $269.9K | +3.8% |
5+ Bedrooms | $291K | $309.9K | +6.5% |
Summary: Stark County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.4%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Counties
Tuscarawas County | $179.9K | $194.9K | +8.4% |
Stark County | $180.5K | $194.2K | +7.6% |
Portage County | $232.8K | $250.3K | +7.5% |
Carroll County | $197.4K | $207.9K | +5.3% |
Summit County | $182.3K | $190.9K | +4.7% |
Housing Supply in Stark County, OH
How many homes are available in Stark County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,119 | 1,233 | +10.2% |
Summary: The Stark County real estate market had 1,233 homes for sale in May 2024, a 10.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 168 | 169 | +0.6% |
3 Bedrooms | 606 | 673 | +11.1% |
4 Bedrooms | 267 | 303 | +13.5% |
5+ Bedrooms | 73 | 83 | +13.7% |
Summary: The Stark 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 0.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 13.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
355 | 381 | +7.3% |
Asking Price vs. Sold Price
129 Homes Were Sold
Under Asking
79 Homes Were Sold
At Asking
156 Homes Were Sold
Over Asking
Summary: A total of 381 homes were sold or pending in Stark County in May 2024, up by 7.3% month-over-month. Of the 364 sold homes, 35% were sold under asking, 22% were sold at asking, and 43% were sold over asking.
Days on Market for Stark County, OH
How long does it take to sell a home in Stark County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 27 Days | +1.7% |
Summary: Homes in Stark County had an average of 27 days on market in May 2024, up by 1.7% compared to last year.
Breakdown of Home Sale Times
266 Homes Were Sold
Under 30 Days
85 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During May 2024, 381 homes were sold in Stark County; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.