$3,646 Closing Credit*
$307,000
1,403 SqFt
2 Beds
•2 Full Baths
Michael D Wagner, Listing Office: Laronge-Wagner Realty
Is Twinsburg, 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, 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
$315,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-3.1%)
Key Takeaway
Homes in Twinsburg have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Twinsburg was $315,000 in November 2024, down 3.1% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $125K | +38.9% |
| 2 Bedrooms | $245K | $195K | -20.4% |
| 3 Bedrooms | $276K | $280K | +1.4% |
| 4 Bedrooms | $438.5K | $442.5K | +0.9% |
| 5+ Bedrooms | $574.4K | $509.9K | -11.2% |
Summary: Twinsburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.9%, 2 bedroom homes decreased by 20.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 11.2%.
Median Sold Price Compared To Nearby Cities
| Macedonia | $295K | $317.7K | +7.7% |
| Reminderville | $310K | $325K | +4.8% |
| Twinsburg | $325K | $315K | -3.1% |
| Twinsburg Township | $340K | $327.5K | -3.7% |
Housing Supply in Twinsburg, OH
How many homes are available in Twinsburg, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 58 | -7.9% |
Summary: The Twinsburg real estate market had 58 homes for sale in November 2024, a 7.9% 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 | 10 | 0.0% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Twinsburg 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 remained the same, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twinsburg, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Twinsburg in November 2024, down by 15.8% month-over-month. Of the 16 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 25 Days | +4.8% |
Summary: Homes in Twinsburg had an average of 25 days on market in Nov 2024, up by 4.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Twinsburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Twinsburg; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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