$291 Closing Credit*
$24,500
720 SqFt
2 Beds
•1 Full Bath, 1 Partial
Brian Veppert, Listing Office: Century 21 Wilbur Realty
Is Stow, 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, Stow has remained a Seller's Market.
Key Takeaway
Stow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stow, OH
How much do homes in Stow, OH cost?
Median Sold Price
$265,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.9%)
Key Takeaway
Homes in Stow have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Stow was $265,000 in November 2024, up 3.9% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $62.3K | -8.4% |
| 2 Bedrooms | $160K | $165K | +3.1% |
| 3 Bedrooms | $242.5K | $250K | +3.1% |
| 4 Bedrooms | $295.7K | $325K | +9.9% |
| 5+ Bedrooms | $325K | $355.5K | +9.4% |
Summary: Stow housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 9.4%.
Housing Supply in Stow, OH
How many homes are available in Stow, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 | 79 | -2.5% |
Summary: The Stow real estate market had 79 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 38 | 38 | 0.0% |
| 4 Bedrooms | 29 | 27 | -6.9% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Stow housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 26 | -13.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stow, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Stow in November 2024, down by 13.3% month-over-month. Of the 26 sold homes, 54% were sold under asking, 8% were sold at asking, and 38% were sold over asking.
Days on Market for Stow, OH
How long does it take to sell a home in Stow, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 26 Days | +54.3% |
Summary: Homes in Stow had an average of 26 days on market in Nov 2024, up by 54.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Stow are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in Stow; 62% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 4% 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.