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 November 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

$297,140

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,806(+12.0%)

Key Takeaway

Homes in Wadsworth Township have sold for 12% more than they did a year ago.

Summary: The median home sold price in Wadsworth Township was $297,140 in November 2024, up 12% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$101.5K
N/A
2 $173K$193.5K
+11.8%
3 $250K$270K
+8.0%
4 $355K$390K
+9.9%
5+ $470K$467.5K
-0.5%

Summary: Wadsworth Township 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 11.8%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Cities

Chippewa Township
+13.4%
Wadsworth Township
+12.0%
Wadsworth
+11.2%
Norton
-1.1%
Sharon Township
-3.1%

Housing Supply in Wadsworth Township, OH

How many homes are available in Wadsworth Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10596-8.6%

Summary: The Wadsworth Township real estate market had 96 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1310
-23.1%
3 5043
-14.0%
4 3233
+3.1%
5+ 1010
0.0%

Summary: The Wadsworth Township 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 23.1%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3026-13.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 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. 50% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Wadsworth Township in November 2024, down by 13.3% month-over-month. Of the 26 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% 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

Nov 2023Nov 2024CHANGE
24 Days32 Days+35.8%

Summary: Homes in Wadsworth Township had an average of 32 days on market in Nov 2024, up by 35.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 November 2024, 26 homes were sold in Wadsworth Township; 65% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 8% 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 17 Days Ago

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