$1,780 Closing Credit*
$149,900
1,659 SqFt
2 Beds
•1 Full Bath
Alexsey Plotnikov, Listing Office: Gonatas Real Estate
Is Lowellville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lowellville has remained a Seller's Market.
Key Takeaway
Lowellville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lowellville, OH
How much do homes in Lowellville, OH cost?
Median Sold Price
$182,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+37.7%)
Key Takeaway
Homes in Lowellville have sold for 37.7% more than they did a year ago.
Summary: The median home sold price in Lowellville was $182,500 in November 2024, up 37.7% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | - | N/A |
| 2 Bedrooms | $85K | $111.9K | +31.7% |
| 3 Bedrooms | $130K | $182.5K | +40.4% |
| 4 Bedrooms | $472.4K | $357.9K | -24.2% |
| 5+ Bedrooms | $285K | $257K | -9.8% |
Summary: Lowellville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 40.4%, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
| Lowellville | $132.5K | $182.5K | +37.7% |
| Struthers | $126.5K | $145.5K | +15.0% |
| Poland Township | $241.3K | $265K | +9.8% |
Housing Supply in Lowellville, OH
How many homes are available in Lowellville, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Lowellville real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lowellville 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lowellville, 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 Lowellville in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Lowellville, OH
How long does it take to sell a home in Lowellville, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 47 Days | +12.6% |
Summary: Homes in Lowellville had an average of 47 days on market in Nov 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lowellville has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Lowellville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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