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 November 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

$241,906

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,889(+5.2%)

Key Takeaway

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

Summary: The median home sold price in Plain Township was $241,906 in November 2024, up 5.2% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $60.9K$70K
+14.8%
2 $180.5K$195K
+8.0%
3 $210.1K$219.9K
+4.6%
4 $287K$300.2K
+4.6%
5+ $330K$370K
+12.1%

Summary: Plain Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Cities

Canton
+11.8%
Plain Township
+5.2%
North Canton
0.4%

Housing Supply in Plain Township, OH

How many homes are available in Plain Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
176145-17.6%

Summary: The Plain Township real estate market had 145 homes for sale in November 2024, a 17.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2622
-15.4%
3 9483
-11.7%
4 4528
-37.8%
5+ 1112
+9.1%

Summary: The Plain Township 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 decreased by 15.4%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 37.8%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6045-25.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plain Township, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Plain Township in November 2024, down by 25.0% month-over-month. Of the 44 sold homes, 48% were sold under asking, 16% were sold at asking, and 36% 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

Nov 2023Nov 2024CHANGE
29 Days29 Days+0.6%

Summary: Homes in Plain Township had an average of 29 days on market in Nov 2024, up by 0.6% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 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 November 2024, 45 homes were sold in Plain Township; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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 17 Days Ago

Newest Listings in Plain Township, OH

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