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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Randolph Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Randolph Township, OH

How much do homes in Randolph Township, OH cost?

Median Sold Price

$237,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$58,000(-19.7%)

Key Takeaway

Homes in Randolph Township have sold for 19.7% less than they did a year ago.

Summary: The median home sold price in Randolph Township was $237,000 in October 2024, down 19.7% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $331.1K$315K
-4.9%
3 $270K$255K
-5.6%
4 $330K$176.4K
-46.5%
5+ $212K$271.7K
+28.2%

Summary: Randolph 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 decreased by 4.9%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 46.5%, and 5+ bedroom homes increased by 28.2%.

Median Sold Price Compared To Nearby Cities

Mogadore
+8.9%
Rootstown Township
+1.4%
Atwater
-14.5%
Randolph Township
-19.7%

Housing Supply in Randolph Township, OH

How many homes are available in Randolph Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1310-23.1%

Summary: The Randolph Township real estate market had 10 homes for sale in October 2024, a 23.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 106
-40.0%
4 12
+100.0%
5+ 22
0.0%

Summary: The Randolph 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Randolph Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Randolph Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Randolph Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days13 Days-45.6%

Summary: Homes in Randolph Township had an average of 13 days on market in Oct 2024, down by 45.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Randolph Township; 75% of homes were sold within 30 days, 25% 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 20 Days Ago

Newest Listings in Randolph Township, OH

Nearby Markets to Randolph Township, OH

What housing markets are near Randolph Township, OH?