$1,661 Closing Credit*
$139,900
3 Beds
•1 Full Bath, 1 Partial
Scott Fader, Listing Office: Joseph Walter Realty, LLC.
Is Rootstown Township, 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 Township has remained a Seller's Market.
Key Takeaway
Rootstown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rootstown Township, OH
How much do homes in Rootstown Township, OH cost?
Median Sold Price
$264,950
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,450(+4.1%)
Key Takeaway
Homes in Rootstown Township have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Rootstown Township was $264,950 in November 2024, up 4.1% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $44.9K | - | N/A |
| 2 Bedrooms | $158.5K | $52.5K | -66.9% |
| 3 Bedrooms | $244K | $250K | +2.5% |
| 4 Bedrooms | $310K | $300K | -3.2% |
| 5+ Bedrooms | $377K | $367.5K | -2.5% |
Summary: Rootstown Township 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 66.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
| Ravenna Township | $174.5K | $199.9K | +14.5% |
| Rootstown | $215K | $244K | +13.5% |
| Rootstown Township | $254.5K | $264.9K | +4.1% |
Housing Supply in Rootstown Township, OH
How many homes are available in Rootstown Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 24 | -29.4% |
Summary: The Rootstown Township real estate market had 24 homes for sale in November 2024, a 29.4% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 17 | 11 | -35.3% |
| 4 Bedrooms | 13 | 9 | -30.8% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rootstown Township 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 remained the same, 3 bedroom homes decreased by 35.3%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rootstown Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Rootstown Township in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Rootstown Township, OH
How long does it take to sell a home in Rootstown Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 34 Days | -33.8% |
Summary: Homes in Rootstown Township had an average of 34 days on market in Nov 2024, down by 33.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rootstown Township has remained consistent over time.
Summary: During November 2024, 10 homes were sold in Rootstown Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.