$3,681 Closing Credit*
$310,000
2,280 SqFt
4 Beds
•2 Full Baths, 2 Partial
Sally J Caipen, Listing Office: Keller Williams Chervenic Rlty
Is Stow, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$261,555
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,055(+3.2%)
Key Takeaway
Homes in Stow have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Stow was $261,555 in October 2024, up 3.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $62.3K | -8.4% |
| 2 Bedrooms | $160.5K | $165K | +2.8% |
| 3 Bedrooms | $242.5K | $250K | +3.1% |
| 4 Bedrooms | $295K | $335.5K | +13.7% |
| 5+ Bedrooms | $325K | $382.7K | +17.8% |
Summary: Stow housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 17.8%.
Housing Supply in Stow, OH
How many homes are available in Stow, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 93 | 85 | -8.6% |
Summary: The Stow real estate market had 85 homes for sale in October 2024, a 8.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 45 | 39 | -13.3% |
| 4 Bedrooms | 28 | 30 | +7.1% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Stow housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 26 | -31.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stow, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Stow in October 2024, down by 31.6% month-over-month. Of the 26 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 35 Days | +12.9% |
Summary: Homes in Stow had an average of 35 days on market in Oct 2024, up by 12.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stow are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in Stow; 58% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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