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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lordstown is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Lordstown was a Seller's Market.

Key Takeaway

Lordstown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lordstown, OH

How much do homes in Lordstown, OH cost?

Median Sold Price

$370,875

$187/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$63,425(+20.6%)

Key Takeaway

Homes in Lordstown have sold for 20.6% more than they did a month ago.

Summary: The median home sold price in Lordstown was $370,875 in December 2024, up 20.6% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $315K$370.8K
+17.7%
4 $299.9K-
N/A
5+ --
N/A

Summary: Lordstown housing prices by bedroom type for December 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 increased by 17.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lordstown
+20.6%
Leavittsburg
-29.9%

Housing Supply in Lordstown, OH

How many homes are available in Lordstown, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
96-33.3%

Summary: The Lordstown real estate market had 6 homes for sale in December 2024, a 33.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 86
-25.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Lordstown housing inventory by bedroom type for December 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 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Lordstown in December 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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

Nov 2024Dec 2024CHANGE
47 Days2 Days-95.8%

Summary: Homes in Lordstown had an average of 2 days on market in Dec 2024, down by 95.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 December 2024, 1 homes were sold in Lordstown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Lordstown, OH

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