Is Wadsworth, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wadsworth is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Wadsworth has remained a Seller's Market.

Key Takeaway

Wadsworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wadsworth, OH

How much do homes in Wadsworth, OH cost?

Median Sold Price

$292,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,750(+9.7%)

Key Takeaway

Homes in Wadsworth have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Wadsworth was $292,000 in October 2024, up 9.7% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$101.5K
N/A
2 $173K$193.5K
+11.8%
3 $250K$267.2K
+6.9%
4 $350.5K$385K
+9.8%
5+ $443K$467.5K
+5.5%

Summary: Wadsworth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Cities

Wadsworth Township
+10.2%
Wadsworth
+9.7%
Sharon Township
+2.4%
Norton
-7.8%

Housing Supply in Wadsworth, OH

How many homes are available in Wadsworth, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
94111+18.1%

Summary: The Wadsworth real estate market had 111 homes for sale in October 2024, a 18.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1415
+7.1%
3 4553
+17.8%
4 2632
+23.1%
5+ 911
+22.2%

Summary: The Wadsworth 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 increased by 7.1%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2730+11.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wadsworth, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Wadsworth in October 2024, up by 11.1% month-over-month. Of the 30 sold homes, 40% were sold under asking, 23% were sold at asking, and 37% were sold over asking.

Days on Market for Wadsworth, OH

How long does it take to sell a home in Wadsworth, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days31 Days+26.5%

Summary: Homes in Wadsworth had an average of 31 days on market in Oct 2024, up by 26.5% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wadsworth are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 30 homes were sold in Wadsworth; 57% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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