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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Massillon is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Massillon has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Massillon, OH

How much do homes in Massillon, OH cost?

Median Sold Price

$199,833

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$9,833(+5.2%)

Key Takeaway

Homes in Massillon have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Massillon was $199,833 in December 2024, up 5.2% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$60K
N/A
2 $128K$136K
+6.3%
3 $187.5K$194.2K
+3.6%
4 $282.5K$271K
-4.1%
5+ $315K$360K
+14.3%

Summary: Massillon housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Cities

Navarre
+17.3%
Perry Township
+16.4%
Tuscarawas Township
+14.6%
Massillon
+5.2%
North Lawrence
-15.6%

Housing Supply in Massillon, OH

How many homes are available in Massillon, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
207178-14.0%

Summary: The Massillon real estate market had 178 homes for sale in December 2024, a 14.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 3226
-18.8%
3 131114
-13.0%
4 3835
-7.9%
5+ 62
-66.7%

Summary: The Massillon housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
6153-13.1%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Massillon, you could pay more than the asking price. 51.9% of homes here sold above asking price last month.

Summary: A total of 53 homes were sold or pending in Massillon in December 2024, down by 13.1% month-over-month. Of the 52 sold homes, 38% were sold under asking, 10% were sold at asking, and 52% were sold over asking.

Days on Market for Massillon, OH

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

Average Sale Time

Dec 2023Dec 2024CHANGE
27 Days34 Days+23.0%

Summary: Homes in Massillon had an average of 34 days on market in Dec 2024, up by 23% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Massillon are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 53 homes were sold in Massillon; 49% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 6% 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

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