$3,266 Closing Credit*
$275,000
2,528 SqFt
2 Beds
•2 Full Baths
Daniel C Somerville, Listing Office: EXP Realty, LLC.
Is Burton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Burton has remained a Seller's Market.
Key Takeaway
Burton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burton, OH
How much do homes in Burton, OH cost?
Median Sold Price
$275,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+17.0%)
Key Takeaway
Homes in Burton have sold for 17% more than they did a year ago.
Summary: The median home sold price in Burton was $275,000 in November 2024, up 17% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $162.5K | $227.5K | +40.0% |
| 3 Bedrooms | $245K | $256.7K | +4.8% |
| 4 Bedrooms | $320K | $321.7K | 0.5% |
| 5+ Bedrooms | - | $365K | N/A |
Summary: Burton 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 increased by 40%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Burton | $235K | $275K | +17.0% |
| Burton Township | $235K | $275K | +17.0% |
Housing Supply in Burton, OH
How many homes are available in Burton, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Burton real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Burton 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 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Burton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Burton in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Burton, OH
How long does it take to sell a home in Burton, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 39 Days | +46.3% |
Summary: Homes in Burton had an average of 39 days on market in Nov 2024, up by 46.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Burton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Burton; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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