$5,295 Closing Credit*
$445,900
3,000 SqFt
4 Beds
•2 Full Baths, 1 Partial
Amy Wengerd, Listing Office: EXP Realty, LLC.
Is Tallmadge, 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, Tallmadge has remained a Seller's Market.
Key Takeaway
Tallmadge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tallmadge, OH
How much do homes in Tallmadge, OH cost?
Median Sold Price
$264,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.9%)
Key Takeaway
Homes in Tallmadge have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Tallmadge was $264,000 in November 2024, up 3.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $219.9K | $224K | +1.9% |
| 3 Bedrooms | $245K | $250K | +2.0% |
| 4 Bedrooms | $319.9K | $350K | +9.4% |
| 5+ Bedrooms | $335K | $299.9K | -10.5% |
Summary: Tallmadge 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 increased by 1.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Brimfield Township | $240K | $281K | +17.1% |
| Springfield Township | $171.5K | $188.4K | +9.9% |
| Kent | $219.3K | $240K | +9.4% |
| Munroe Falls | $237.7K | $255.5K | +7.5% |
| Tallmadge | $254K | $264K | +3.9% |
Housing Supply in Tallmadge, OH
How many homes are available in Tallmadge, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 67 | -5.6% |
Summary: The Tallmadge real estate market had 67 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 40 | 32 | -20.0% |
| 4 Bedrooms | 19 | 23 | +21.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Tallmadge 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 10%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tallmadge, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Tallmadge in November 2024, down by 26.3% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for Tallmadge, OH
How long does it take to sell a home in Tallmadge, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 253 Days | +239.8% |
Summary: Homes in Tallmadge had an average of 253 days on market in Nov 2024, up by 239.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tallmadge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Tallmadge; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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