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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wadsworth Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wadsworth Township, OH

How much do homes in Wadsworth Township, OH cost?

Median Sold Price

$294,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,250(+10.2%)

Key Takeaway

Homes in Wadsworth Township have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Wadsworth Township was $294,000 in October 2024, up 10.2% 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$267.5K
+7.0%
4 $353K$385K
+9.1%
5+ $443K$467.5K
+5.5%

Summary: Wadsworth Township 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 7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Cities

Chippewa Township
+12.2%
Wadsworth Township
+10.2%
Wadsworth
+9.7%
Sharon Township
+2.4%
Norton
-7.8%

Housing Supply in Wadsworth Township, OH

How many homes are available in Wadsworth Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
96112+16.7%

Summary: The Wadsworth Township real estate market had 112 homes for sale in October 2024, a 16.7% 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 2833
+17.9%
5+ 911
+22.2%

Summary: The Wadsworth Township 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 17.9%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2830+7.1%

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 Township, 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 Township in October 2024, up by 7.1% 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 Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days31 Days+30.0%

Summary: Homes in Wadsworth Township had an average of 31 days on market in Oct 2024, up by 30% 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 30 homes were sold in Wadsworth Township; 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

Newest Listings in Wadsworth Township, OH

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