$1,627 Closing Credit*
$137,000
1,208 SqFt
2 Beds
•1 Full Bath, 1 Partial
Steve Burgess, Listing Office: Cutler Real Estate
Is Rootstown, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Rootstown was a Buyer'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
$225,000
$117/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$23,766(+11.8%)
Key Takeaway
Homes in Rootstown have sold for 11.8% more than they did a month ago.
Summary: The median home sold price in Rootstown was $225,000 in October 2024, up 11.8% from last month, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $201.2K | $258.5K | +28.5% |
| 4 Bedrooms | - | $225K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Rootstown housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 28.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Rootstown, OH
How many homes are available in Rootstown, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Rootstown real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rootstown 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rootstown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Rootstown in October 2024, up by 250.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 27 Days | +81.0% |
Summary: Homes in Rootstown had an average of 27 days on market in Oct 2024, up by 81% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rootstown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Rootstown; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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