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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Austinburg Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Austinburg Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Austinburg Township, OH

How much do homes in Austinburg Township, OH cost?

Median Sold Price

$265,000

$120/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$80,000(-23.2%)

Key Takeaway

Homes in Austinburg Township have sold for 23.2% less than they did a month ago.

Summary: The median home sold price in Austinburg Township was $265,000 in October 2024, down 23.2% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $345K-
N/A
4 -$265K
N/A
5+ --
N/A

Summary: Austinburg Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Austinburg Township
-23.2%
Austinburg
-23.2%

Housing Supply in Austinburg Township, OH

How many homes are available in Austinburg Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Austinburg Township real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 35
+66.7%
5+ 00
0.0%

Summary: The Austinburg Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Austinburg Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Austinburg Township in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Austinburg Township, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
11 Days73 Days+563.6%

Summary: Homes in Austinburg Township had an average of 73 days on market in Oct 2024, up by 563.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Austinburg Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Austinburg Township, OH

Nearby Markets to Austinburg Township, OH

What housing markets are near Austinburg Township, OH?