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 buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Sharon Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sharon Township, OH

How much do homes in Sharon Township, OH cost?

Median Sold Price

$537,450

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,450(+2.4%)

Key Takeaway

Homes in Sharon Township have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Sharon Township was $537,450 in October 2024, up 2.4% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $415K$385K
-7.2%
4 $631K$709.9K
+12.5%
5+ $990K$520K
-47.5%

Summary: Sharon Township housing prices by bedroom type for October 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 7.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 47.5%.

Median Sold Price Compared To Nearby Cities

Wadsworth Township
+10.2%
Wadsworth
+9.7%
Sharon Township
+2.4%
Copley Township
+2.3%
Granger Township
-6.2%

Housing Supply in Sharon Township, OH

How many homes are available in Sharon Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21210.0%

Summary: The Sharon Township real estate market had 21 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 1011
+10.0%
5+ 44
0.0%

Summary: The Sharon Township 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharon Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Sharon Township in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
25 Days11 Days-56.9%

Summary: Homes in Sharon Township had an average of 11 days on market in Oct 2024, down by 56.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Sharon Township; 100% of homes were sold within 30 days, 0% 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?