$95,000
0.63 Acres
Land
Kristen Calhoun, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
Is Warren, 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, Warren has remained a Seller's Market.
Key Takeaway
Warren is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Warren, OH
How much do homes in Warren, OH cost?
Median Sold Price
$150,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,325(+15.7%)
Key Takeaway
Homes in Warren have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Warren was $150,000 in November 2024, up 15.7% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $53.2K | $64.7K | +21.7% |
| 2 Bedrooms | $100K | $106K | +6.0% |
| 3 Bedrooms | $129.8K | $147.5K | +13.6% |
| 4 Bedrooms | $175K | $230K | +31.4% |
| 5+ Bedrooms | $230K | $185K | -19.6% |
Summary: Warren housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.7%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes decreased by 19.6%.
Median Sold Price Compared To Nearby Cities
| Niles | $116K | $139.5K | +20.3% |
| Leavittsburg | $114.3K | $137K | +19.8% |
| Howland Township | $185K | $220K | +18.9% |
| Warren Township | $127.9K | $149.7K | +17.0% |
| Warren | $129.6K | $150K | +15.7% |
Housing Supply in Warren, OH
How many homes are available in Warren, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 284 | 260 | -8.5% |
Summary: The Warren real estate market had 260 homes for sale in November 2024, a 8.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 54 | 46 | -14.8% |
| 3 Bedrooms | 151 | 145 | -4.0% |
| 4 Bedrooms | 62 | 54 | -12.9% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Warren 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 14.8%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 56 | -24.3% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warren, you may be able to get a good deal. 48.2% of homes here sold below asking price last month.
Summary: A total of 56 homes were sold or pending in Warren in November 2024, down by 24.3% month-over-month. Of the 56 sold homes, 48% were sold under asking, 21% were sold at asking, and 30% were sold over asking.
Days on Market for Warren, OH
How long does it take to sell a home in Warren, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 48 Days | +22.2% |
Summary: Homes in Warren had an average of 48 days on market in Nov 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Warren has remained consistent over time.
Summary: During November 2024, 56 homes were sold in Warren; 27% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.