Is Barberton, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barberton is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Barberton, OH

How much do homes in Barberton, OH cost?

Median Sold Price

$158,291

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,341(+13.1%)

Key Takeaway

Homes in Barberton have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Barberton was $158,291 in November 2024, up 13.1% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $28K$60.2K
+115.2%
2 $110K$129.9K
+18.1%
3 $145.5K$160K
+10.0%
4 $162K$168.5K
+4.0%
5+ $156.2K$169.9K
+8.8%

Summary: Barberton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115.2%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Cities

New Franklin
+17.2%
Akron
+14.8%
Barberton
+13.1%
Coventry Township
+2.3%
Norton
-1.1%

Housing Supply in Barberton, OH

How many homes are available in Barberton, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9890-8.2%

Summary: The Barberton real estate market had 90 homes for sale in November 2024, a 8.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 2121
0.0%
3 6050
-16.7%
4 1315
+15.4%
5+ 32
-33.3%

Summary: The Barberton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3522-37.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barberton, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Barberton in November 2024, down by 37.1% month-over-month. Of the 21 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.

Days on Market for Barberton, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days30 Days-19.2%

Summary: Homes in Barberton had an average of 30 days on market in Nov 2024, down by 19.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Barberton are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 22 homes were sold in Barberton; 55% of homes were sold within 30 days, 45% 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 17 Days Ago

Newest Listings in Barberton, OH

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