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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Austintown Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Austintown Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Austintown Township, OH

How much do homes in Austintown Township, OH cost?

Median Sold Price

$179,933

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,833(+9.6%)

Key Takeaway

Homes in Austintown Township have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Austintown Township was $179,933 in November 2024, up 9.6% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $111.5K$93.5K
-16.1%
2 $131K$124K
-5.3%
3 $165K$187K
+13.3%
4 $209.5K$180K
-14.1%
5+ $158.5K$230K
+45.1%

Summary: Austintown Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.1%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes increased by 45.1%.

Median Sold Price Compared To Nearby Cities

Weathersfield Township
+20.4%
Mineral Ridge
+14.2%
Austintown Township
+9.6%
Mc Donald
+7.4%
Jackson Township
-6.8%

Housing Supply in Austintown Township, OH

How many homes are available in Austintown Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
120108-10.0%

Summary: The Austintown Township real estate market had 108 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1411
-21.4%
3 8172
-11.1%
4 1821
+16.7%
5+ 74
-42.9%

Summary: The Austintown Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3421-38.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Austintown Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Austintown Township in November 2024, down by 38.2% month-over-month. Of the 21 sold homes, 67% were sold under asking, 10% were sold at asking, and 24% were sold over asking.

Days on Market for Austintown Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days50 Days+47.0%

Summary: Homes in Austintown Township had an average of 50 days on market in Nov 2024, up by 47% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 21 homes were sold in Austintown Township; 29% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 10% 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 2 Days Ago

Newest Listings in Austintown Township, OH

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