$5,759 Closing Credit*
$485,000
2,036 SqFt
3 Beds
•2 Full Baths
Lisa Irwin, Listing Office: HomeSmart Real Estate Momentum LLC
Is Portage County, 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, Portage County has remained a Seller's Market.
Key Takeaway
Portage County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Portage County, OH
How much do homes in Portage County, OH cost?
Median Sold Price
$254,480
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,342(+6.0%)
Key Takeaway
Homes in Portage County have sold for 6% more than they did a year ago.
Summary: The median home sold price in Portage County was $254,480 in November 2024, up 6% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.5K | $149.9K | +93.5% |
| 2 Bedrooms | $160K | $179K | +11.9% |
| 3 Bedrooms | $219.9K | $236.6K | +7.6% |
| 4 Bedrooms | $344.4K | $340K | -1.3% |
| 5+ Bedrooms | $383K | $389.9K | +1.8% |
Summary: Portage County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.5%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Counties
| Mahoning County | $150K | $169.9K | +13.3% |
| Stark County | $189.9K | $209.1K | +10.1% |
| Geauga County | $334.4K | $365K | +9.2% |
| Summit County | $184.8K | $201.4K | +9.0% |
| Portage County | $240.1K | $254.4K | +6.0% |
Housing Supply in Portage County, OH
How many homes are available in Portage County, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 486 | 415 | -14.6% |
Summary: The Portage County real estate market had 415 homes for sale in November 2024, a 14.6% 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 | 56 | 45 | -19.6% |
| 3 Bedrooms | 266 | 226 | -15.0% |
| 4 Bedrooms | 135 | 116 | -14.1% |
| 5+ Bedrooms | 28 | 28 | 0.0% |
Summary: The Portage County 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 decreased by 19.6%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 149 | 109 | -26.8% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Portage County, you may be able to get a good deal. 56% of homes here sold below asking price last month.
Summary: A total of 109 homes were sold or pending in Portage County in November 2024, down by 26.8% month-over-month. Of the 109 sold homes, 56% were sold under asking, 17% were sold at asking, and 28% were sold over asking.
Days on Market for Portage County, OH
How long does it take to sell a home in Portage County, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 34 Days | +14.2% |
Summary: Homes in Portage County had an average of 34 days on market in Nov 2024, up by 14.2% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Portage County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 109 homes were sold in Portage County; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.