$4,511 Closing Credit*
$379,900
3,425 SqFt
4 Beds
•2 Full Baths, 2 Partial
Jessica L Hinerman, Listing Office: Century 21 Lakeside Realty
Is Canfield, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Canfield has remained a Seller's Market.
Key Takeaway
Canfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canfield, OH
How much do homes in Canfield, OH cost?
Median Sold Price
$311,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,450(+10.9%)
Key Takeaway
Homes in Canfield have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Canfield was $311,000 in October 2024, up 10.9% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205.5K | $203K | -1.2% |
| 3 Bedrooms | $258K | $260K | +0.8% |
| 4 Bedrooms | $373.7K | $395K | +5.7% |
| 5+ Bedrooms | $500K | $532.5K | +6.5% |
Summary: Canfield 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 1.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Canfield Township | $280.5K | $312K | +11.2% |
| Canfield | $280.5K | $311K | +10.9% |
Housing Supply in Canfield, OH
How many homes are available in Canfield, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 97 | 95 | -2.1% |
Summary: The Canfield real estate market had 95 homes for sale in October 2024, a 2.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 13 | +85.7% |
| 3 Bedrooms | 49 | 42 | -14.3% |
| 4 Bedrooms | 30 | 27 | -10.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Canfield 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 increased by 85.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 24 | +26.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canfield, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Canfield in October 2024, up by 26.3% month-over-month. Of the 24 sold homes, 88% were sold under asking, 4% were sold at asking, and 8% were sold over asking.
Days on Market for Canfield, OH
How long does it take to sell a home in Canfield, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 62 Days | +13.9% |
Summary: Homes in Canfield had an average of 62 days on market in Oct 2024, up by 13.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Canfield has remained consistent over time.
Summary: During October 2024, 24 homes were sold in Canfield; 29% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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