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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kinsman Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Kinsman Township, OH

How much do homes in Kinsman Township, OH cost?

Median Sold Price

$125,000

$61/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$5,000(+4.2%)

Key Takeaway

Homes in Kinsman Township have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in Kinsman Township was $125,000 in October 2024, up 4.2% from last month, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $120K-
N/A
3 -$142.3K
N/A
4 $110K-
N/A
5+ -$125K
N/A

Summary: Kinsman Township 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Williamsfield Township
+52.9%
Kinsman Township
+4.2%
Kinsman
+4.2%
Farmdale
-32.1%

Housing Supply in Kinsman Township, OH

How many homes are available in Kinsman Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1416+14.3%

Summary: The Kinsman Township real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 48
+100.0%
4 64
-33.3%
5+ 22
0.0%

Summary: The Kinsman Township 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 increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kinsman Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Kinsman Township in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Kinsman Township, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
69 Days58 Days-16.3%

Summary: Homes in Kinsman Township had an average of 58 days on market in Oct 2024, down by 16.3% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Kinsman Township has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Kinsman Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

Newest Listings in Kinsman Township, OH

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