Is Broadway-Slavic village, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Broadway-Slavic village is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Broadway-Slavic village was a Seller's Market.

Key Takeaway

Broadway-Slavic village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Broadway-Slavic village, OH

How much do homes in Broadway-Slavic village, OH cost?

Median Sold Price

$75,000

$43/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,005(+13.6%)

Key Takeaway

Homes in Broadway-Slavic village have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Broadway-Slavic village was $75,000 in November 2024, up 13.6% from last year, and the median price per square foot was $43.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $17K-
N/A
2 $55K$50K
-9.1%
3 $62.5K$69K
+10.4%
4 $67.9K$85K
+25.1%
5+ $83K$97.5K
+17.5%

Summary: Broadway-Slavic village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes increased by 17.5%.

Median Sold Price Compared To Nearby Neighborhoods

Kinsman
+47.0%
Broadway-Slavic village
+13.6%

Housing Supply in Broadway-Slavic village, OH

How many homes are available in Broadway-Slavic village, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
149137-8.1%

Summary: The Broadway-Slavic village real estate market had 137 homes for sale in November 2024, a 8.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2123
+9.5%
3 5044
-12.0%
4 5251
-1.9%
5+ 2619
-26.9%

Summary: The Broadway-Slavic village 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 increased by 9.5%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 26.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Broadway-Slavic village, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Broadway-Slavic village in November 2024, down by 9.5% month-over-month. Of the 19 sold homes, 37% were sold under asking, 16% were sold at asking, and 47% were sold over asking.

Days on Market for Broadway-Slavic village, OH

How long does it take to sell a home in Broadway-Slavic village, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days52 Days+34.9%

Summary: Homes in Broadway-Slavic village had an average of 52 days on market in Nov 2024, up by 34.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Broadway-Slavic village has remained consistent over time.

Summary: During November 2024, 19 homes were sold in Broadway-Slavic village; 32% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 16% 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

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