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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Braceville Township is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Braceville Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Braceville Township, OH

How much do homes in Braceville Township, OH cost?

Median Sold Price

$182,500

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,000(-14.1%)

Key Takeaway

Homes in Braceville Township have sold for 14.1% less than they did a year ago.

Summary: The median home sold price in Braceville Township was $182,500 in October 2024, down 14.1% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $139.5K$109.9K
-21.2%
3 $192K$193.7K
+0.9%
4 $319K$345K
+8.1%
5+ -$90K
N/A

Summary: Braceville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Newton Township
+8.1%
Newton Falls
+7.0%
Windham Township
+4.4%
Braceville Township
-14.1%

Housing Supply in Braceville Township, OH

How many homes are available in Braceville Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
58+60.0%

Summary: The Braceville Township real estate market had 8 homes for sale in October 2024, a 60.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 35
+66.7%
4 23
+50.0%
5+ 00
0.0%

Summary: The Braceville 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 increased by 66.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Braceville Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Braceville Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Braceville Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days8 Days-86.9%

Summary: Homes in Braceville Township had an average of 8 days on market in Oct 2024, down by 86.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Braceville Township; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in Braceville Township, OH

Nearby Markets to Braceville Township, OH

What housing markets are near Braceville Township, OH?