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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boardman Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Boardman Township, OH

How much do homes in Boardman Township, OH cost?

Median Sold Price

$199,900

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,066(+19.8%)

Key Takeaway

Homes in Boardman Township have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in Boardman Township was $199,900 in November 2024, up 19.8% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $110K$72.4K
-34.1%
2 $128K$145K
+13.3%
3 $162.5K$196K
+20.6%
4 $255K$276.5K
+8.4%
5+ $265K$292.5K
+10.4%

Summary: Boardman Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.1%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Cities

Boardman Township
+19.8%
Struthers
+15.0%
Youngstown
+12.9%
Poland Township
+9.8%
Poland
+7.7%

Housing Supply in Boardman Township, OH

How many homes are available in Boardman Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
194191-1.5%

Summary: The Boardman Township real estate market had 191 homes for sale in November 2024, a 1.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3330
-9.1%
3 10099
-1.0%
4 5051
+2.0%
5+ 1111
0.0%

Summary: The Boardman 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 9.1%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4649+6.5%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boardman Township, you may be able to get a good deal. 61.2% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in Boardman Township in November 2024, up by 6.5% month-over-month. Of the 49 sold homes, 61% were sold under asking, 16% were sold at asking, and 22% were sold over asking.

Days on Market for Boardman Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days58 Days+20.8%

Summary: Homes in Boardman Township had an average of 58 days on market in Nov 2024, up by 20.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 49 homes were sold in Boardman Township; 31% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 18% 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 18 Days Ago

Newest Listings in Boardman Township, OH

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