$3,147 Closing Credit*
$265,000
1,623 SqFt
4 Beds
•2 Full Baths
Amanda J Ondrey, Listing Office: M. C. Real Estate
Is Norton, 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, Norton has remained a Seller's Market.
Key Takeaway
Norton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Norton, OH
How much do homes in Norton, OH cost?
Median Sold Price
$238,450
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,550(-1.1%)
Key Takeaway
Homes in Norton have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Norton was $238,450 in November 2024, down 1.1% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.3K | $185K | +9.2% |
| 3 Bedrooms | $232.4K | $235K | +1.1% |
| 4 Bedrooms | $274.9K | $335K | +21.8% |
| 5+ Bedrooms | $272.2K | $500K | +83.7% |
Summary: Norton 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 9.2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes increased by 83.7%.
Median Sold Price Compared To Nearby Cities
| New Franklin | $221.7K | $260K | +17.2% |
| Chippewa Township | $242.5K | $275K | +13.4% |
| Barberton | $139.9K | $158.2K | +13.1% |
| Copley Township | $315K | $313K | -0.6% |
| Norton | $241K | $238.4K | -1.1% |
Housing Supply in Norton, OH
How many homes are available in Norton, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 36 | -10.0% |
Summary: The Norton real estate market had 36 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 26 | 20 | -23.1% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Norton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Norton, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Norton in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Norton, OH
How long does it take to sell a home in Norton, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 33 Days | +20.9% |
Summary: Homes in Norton had an average of 33 days on market in Nov 2024, up by 20.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Norton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Norton; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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