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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lordstown is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lordstown was a Neutral Market.

Key Takeaway

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

Housing Prices in Lordstown, OH

How much do homes in Lordstown, OH cost?

Median Sold Price

$307,450

$163/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$17,450(+6.0%)

Key Takeaway

Homes in Lordstown have sold for 6% more than they did a month ago.

Summary: The median home sold price in Lordstown was $307,450 in November 2024, up 6% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$315K
N/A
4 $290K$299.9K
+3.4%
5+ --
N/A

Summary: Lordstown housing prices by bedroom type for November 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 increased by 3.4%, and 5+ bedroom homes did not change.

Housing Supply in Lordstown, OH

How many homes are available in Lordstown, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
79+28.6%

Summary: The Lordstown real estate market had 9 homes for sale in November 2024, a 28.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 58
+60.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Lordstown 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 remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lordstown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Lordstown in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Lordstown, OH

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

Average Sale Time

Oct 2024Nov 2024CHANGE
24 Days47 Days+99.0%

Summary: Homes in Lordstown had an average of 47 days on market in Nov 2024, up by 99% compared to last month.

Breakdown of Home Sale Times

2 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 Lordstown are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Lordstown; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in Lordstown, OH

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