Is Canal Fulton, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canal Fulton is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Canal Fulton, OH

How much do homes in Canal Fulton, OH cost?

Median Sold Price

$260,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,100(+6.2%)

Key Takeaway

Homes in Canal Fulton have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Canal Fulton was $260,000 in November 2024, up 6.2% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $190K$224.9K
+18.4%
3 $244.9K$271.2K
+10.8%
4 $262K$285.7K
+9.1%
5+ $530K$372K
-29.8%

Summary: Canal Fulton 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 18.4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 29.8%.

Median Sold Price Compared To Nearby Cities

Lawrence Township
+9.5%
Canal Fulton
+6.2%

Housing Supply in Canal Fulton, OH

How many homes are available in Canal Fulton, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3741+10.8%

Summary: The Canal Fulton real estate market had 41 homes for sale in November 2024, a 10.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1824
+33.3%
4 1514
-6.7%
5+ 11
0.0%

Summary: The Canal Fulton 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 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
913+44.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canal Fulton, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Canal Fulton in November 2024, up by 44.4% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.

Days on Market for Canal Fulton, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days26 Days+33.5%

Summary: Homes in Canal Fulton had an average of 26 days on market in Nov 2024, up by 33.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Canal Fulton; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% 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 Canal Fulton, OH

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