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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharon Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Sharon Township, OH

How much do homes in Sharon Township, OH cost?

Median Sold Price

$516,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$16,500(-3.1%)

Key Takeaway

Homes in Sharon Township have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Sharon Township was $516,000 in November 2024, down 3.1% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $415K$371K
-10.6%
4 $640.5K$680K
+6.2%
5+ $990K$619.9K
-37.4%

Summary: Sharon 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 did not change, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 37.4%.

Median Sold Price Compared To Nearby Cities

Wadsworth Township
+12.0%
Wadsworth
+11.2%
Copley Township
-0.6%
Sharon Township
-3.1%
Granger Township
-5.9%

Housing Supply in Sharon Township, OH

How many homes are available in Sharon Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1923+21.1%

Summary: The Sharon Township real estate market had 23 homes for sale in November 2024, a 21.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 1013
+30.0%
5+ 33
0.0%

Summary: The Sharon 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 increased by 16.7%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharon Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sharon Township in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Sharon Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days48 Days+29.7%

Summary: Homes in Sharon Township had an average of 48 days on market in Nov 2024, up by 29.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sharon Township has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Sharon Township; 25% of homes were sold within 30 days, 75% 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 Sharon Township, OH

Nearby Markets to Sharon Township, OH

What housing markets are near Sharon Township, OH?