$269,000
2.93 Acres
Land
Ryan Poland, Listing Office: Jack Kohl Realty
Is Rootstown, 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, Rootstown has remained a Seller's Market.
Key Takeaway
Rootstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rootstown, OH
How much do homes in Rootstown, OH cost?
Median Sold Price
$244,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,000(+13.5%)
Key Takeaway
Homes in Rootstown have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Rootstown was $244,000 in November 2024, up 13.5% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $156.2K | $125K | -20.0% |
| 3 Bedrooms | $210K | $216.2K | +3.0% |
| 4 Bedrooms | $322.4K | $297.4K | -7.8% |
| 5+ Bedrooms | $275K | $380K | +38.2% |
Summary: Rootstown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 38.2%.
Median Sold Price Compared To Nearby Cities
| Rootstown | $215K | $244K | +13.5% |
| Rootstown Township | $254.5K | $264.9K | +4.1% |
| Atwater | $250K | $255K | +2.0% |
Housing Supply in Rootstown, OH
How many homes are available in Rootstown, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 10 | -44.4% |
Summary: The Rootstown real estate market had 10 homes for sale in November 2024, a 44.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rootstown 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 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rootstown, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Rootstown in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Rootstown, OH
How long does it take to sell a home in Rootstown, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 94 Days | 39 Days | -58.7% |
Summary: Homes in Rootstown had an average of 39 days on market in Nov 2024, down by 58.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rootstown has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Rootstown; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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