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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poland Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Poland Township, OH

How much do homes in Poland Township, OH cost?

Median Sold Price

$257,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,300(+6.3%)

Key Takeaway

Homes in Poland Township have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Poland Township was $257,000 in October 2024, up 6.3% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$33K
N/A
2 $234K$245K
+4.7%
3 $220K$235.5K
+7.0%
4 $375K$370K
-1.3%
5+ $312.5K$457.5K
+46.4%

Summary: Poland Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 46.4%.

Median Sold Price Compared To Nearby Cities

Lowellville
+36.5%
Boardman Township
+15.6%
Struthers
+15.2%
Poland Township
+6.3%
Poland
+0.9%

Housing Supply in Poland Township, OH

How many homes are available in Poland Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6485+32.8%

Summary: The Poland Township real estate market had 85 homes for sale in October 2024, a 32.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 2640
+53.8%
4 2828
0.0%
5+ 59
+80.0%

Summary: The Poland 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 60%, 3 bedroom homes increased by 53.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 80%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1218+50.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poland Township, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Poland Township in October 2024, up by 50.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 12% were sold at asking, and 35% were sold over asking.

Days on Market for Poland Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days46 Days+20.9%

Summary: Homes in Poland Township had an average of 46 days on market in Oct 2024, up by 20.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 18 homes were sold in Poland Township; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% 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 Poland Township, OH

Nearby Markets to Poland Township, OH

What housing markets are near Poland Township, OH?