$949 Closing Credit*
$79,900
2 Beds
•1 Full Bath
Ryan G Capan, Listing Office: Keller Williams Legacy Group Realty
Is Lane-Wooster, 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, Lane-Wooster has remained a Seller's Market.
Key Takeaway
Lane-Wooster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lane-Wooster, OH
How much do homes in Lane-Wooster, OH cost?
Median Sold Price
$96,000
$68/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,250(+26.7%)
Key Takeaway
Homes in Lane-Wooster have sold for 26.7% more than they did a year ago.
Summary: The median home sold price in Lane-Wooster was $96,000 in October 2024, up 26.7% from last year, and the median price per square foot was $68.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $17K | N/A |
| 2 Bedrooms | $50.5K | $71K | +40.6% |
| 3 Bedrooms | $86K | $99K | +15.1% |
| 4 Bedrooms | $68.2K | $130K | +90.5% |
| 5+ Bedrooms | $102.5K | $138.7K | +35.3% |
Summary: Lane-Wooster 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 increased by 40.6%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 90.5%, and 5+ bedroom homes increased by 35.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Lane-Wooster | $75.7K | $96K | +26.7% |
| West Akron | $111.3K | $130K | +16.8% |
| Summit Lake | $65.5K | $71.3K | +8.9% |
Housing Supply in Lane-Wooster, OH
How many homes are available in Lane-Wooster, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 43 | +38.7% |
Summary: The Lane-Wooster real estate market had 43 homes for sale in October 2024, a 38.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 10 | 17 | +70.0% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lane-Wooster 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 11.1%, 3 bedroom homes increased by 70%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lane-Wooster, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Lane-Wooster in October 2024, up by 233.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Lane-Wooster, OH
How long does it take to sell a home in Lane-Wooster, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 29 Days | -55.0% |
Summary: Homes in Lane-Wooster had an average of 29 days on market in Oct 2024, down by 55% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lane-Wooster are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Lane-Wooster; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.