Is Nimishillen Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nimishillen Township is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Nimishillen Township, OH

How much do homes in Nimishillen Township, OH cost?

Median Sold Price

$228,500

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$3,500(+1.6%)

Key Takeaway

Homes in Nimishillen Township have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Nimishillen Township was $228,500 in December 2024, up 1.6% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$135K
N/A
2 $154K$152K
-1.3%
3 $224.5K$228.5K
+1.8%
4 $262.5K$243K
-7.4%
5+ $515K$187.5K
-63.6%

Summary: Nimishillen Township 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 decreased by 1.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 63.6%.

Median Sold Price Compared To Nearby Cities

Canton
+13.4%
Louisville
+3.7%
Nimishillen Township
+1.6%
Washington Township
-2.0%

Housing Supply in Nimishillen Township, OH

How many homes are available in Nimishillen Township, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2421-12.5%

Summary: The Nimishillen Township real estate market had 21 homes for sale in December 2024, a 12.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1311
-15.4%
4 99
0.0%
5+ 11
0.0%

Summary: The Nimishillen Township 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 decreased by 100%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
880.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nimishillen Township, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Nimishillen Township in December 2024, the same as the previous month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.

Days on Market for Nimishillen Township, OH

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

Average Sale Time

Dec 2023Dec 2024CHANGE
58 Days43 Days-25.3%

Summary: Homes in Nimishillen Township had an average of 43 days on market in Dec 2024, down by 25.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 8 homes were sold in Nimishillen Township; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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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