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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plain Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Plain Township, OH

How much do homes in Plain Township, OH cost?

Median Sold Price

$240,683

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,713(+4.7%)

Key Takeaway

Homes in Plain Township have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Plain Township was $240,683 in October 2024, up 4.7% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60.9K$70K
+14.8%
2 $179.9K$190K
+5.6%
3 $211.6K$215K
+1.6%
4 $285K$305K
+7.0%
5+ $335K$318.9K
-4.8%

Summary: Plain Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Cities

Canton
+10.7%
Plain Township
+4.7%
North Canton
+3.7%

Housing Supply in Plain Township, OH

How many homes are available in Plain Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
178184+3.4%

Summary: The Plain Township real estate market had 184 homes for sale in October 2024, a 3.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2128
+33.3%
3 9896
-2.0%
4 4650
+8.7%
5+ 1310
-23.1%

Summary: The Plain Township housing inventory by bedroom type for October 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 decreased by 2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 23.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6053-11.7%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plain Township, you could pay more than the asking price. 43.1% of homes here sold above asking price last month.

Summary: A total of 53 homes were sold or pending in Plain Township in October 2024, down by 11.7% month-over-month. Of the 51 sold homes, 37% were sold under asking, 20% were sold at asking, and 43% were sold over asking.

Days on Market for Plain Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days23 Days+3.2%

Summary: Homes in Plain Township had an average of 23 days on market in Oct 2024, up by 3.2% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 53 homes were sold in Plain Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Plain Township, OH

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