Is Kinsman, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kinsman is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Kinsman has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Kinsman, OH

How much do homes in Kinsman, OH cost?

Median Sold Price

$65,200

$31/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$24,800(-27.6%)

Key Takeaway

Homes in Kinsman have sold for 27.6% less than they did a month ago.

Summary: The median home sold price in Kinsman was $65,200 in October 2024, down 27.6% from last month, and the median price per square foot was $31.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $64.9K$24.9K
-61.6%
4 $103.1K$84.9K
-17.7%
5+ -$60.5K
N/A

Summary: Kinsman housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 61.6%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Woodland Heights
+11.0%
Kinsman
-27.6%

Housing Supply in Kinsman, OH

How many homes are available in Kinsman, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
33330.0%

Summary: The Kinsman real estate market had 33 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 85
-37.5%
4 2020
0.0%
5+ 36
+100.0%

Summary: The Kinsman 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 decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kinsman, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Kinsman in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Kinsman, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days52 Days+36.0%

Summary: Homes in Kinsman had an average of 52 days on market in Oct 2024, up by 36% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Kinsman; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

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