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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saybrook Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Saybrook Township was a Seller's Market.

Key Takeaway

Saybrook Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Saybrook Township, OH

How much do homes in Saybrook Township, OH cost?

Median Sold Price

$185,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,000(+7.6%)

Key Takeaway

Homes in Saybrook Township have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Saybrook Township was $185,000 in November 2024, up 7.6% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $120K$144.5K
+20.4%
2 $126.1K$165K
+30.8%
3 $175K$182.5K
+4.3%
4 $170K$210K
+23.5%
5+ $201.5K$282.5K
+40.2%

Summary: Saybrook Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 40.2%.

Median Sold Price Compared To Nearby Cities

Plymouth Township
+31.9%
Ashtabula
+11.7%
Ashtabula Township
+11.6%
Saybrook Township
+7.6%
Austinburg
-4.9%

Housing Supply in Saybrook Township, OH

How many homes are available in Saybrook Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
50500.0%

Summary: The Saybrook Township real estate market had 50 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1310
-23.1%
3 2731
+14.8%
4 76
-14.3%
5+ 11
0.0%

Summary: The Saybrook 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 decreased by 23.1%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Saybrook Township in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Saybrook Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
85 Days44 Days-48.5%

Summary: Homes in Saybrook Township had an average of 44 days on market in Nov 2024, down by 48.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Saybrook Township; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 Saybrook Township, OH

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