$1,484 Closing Credit*
$125,000
840 SqFt
2 Beds
•1 Full Bath
Amy McDougald Eckard, Listing Office: Keller Williams Chervenic Rlty
Is Twinsburg, 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, Twinsburg has remained a Seller's Market.
Key Takeaway
Twinsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Twinsburg, OH
How much do homes in Twinsburg, OH cost?
Median Sold Price
$310,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,500(-3.6%)
Key Takeaway
Homes in Twinsburg have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Twinsburg was $310,000 in October 2024, down 3.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.7K | $125K | +42.5% |
| 2 Bedrooms | $240K | $195K | -18.8% |
| 3 Bedrooms | $275K | $280K | +1.8% |
| 4 Bedrooms | $438.5K | $439K | 0.1% |
| 5+ Bedrooms | $557.4K | $509.9K | -8.5% |
Summary: Twinsburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.5%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Reminderville | $308K | $330K | +7.1% |
| Macedonia | $295K | $315K | +6.8% |
| Twinsburg | $321.5K | $310K | -3.6% |
| Twinsburg Township | $339K | $320.2K | -5.5% |
Housing Supply in Twinsburg, OH
How many homes are available in Twinsburg, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 65 | +4.8% |
Summary: The Twinsburg real estate market had 65 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 28 | 28 | 0.0% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Twinsburg 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 decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twinsburg, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Twinsburg in October 2024, down by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for Twinsburg, OH
How long does it take to sell a home in Twinsburg, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 22 Days | -7.5% |
Summary: Homes in Twinsburg had an average of 22 days on market in Oct 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Twinsburg are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Twinsburg; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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