$2,185 Closing Credit*
$184,000
2,000 SqFt
3 Beds
•1 Full Bath, 1 Partial
Bobbi Jo Jefferson, Listing Office: Coldwell Banker EvenBay Real Estate LLC
Is Warren, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$146,956
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,781(+12.9%)
Key Takeaway
Homes in Warren have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Warren was $146,956 in October 2024, up 12.9% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $49.9K | $69K | +38.3% |
| 2 Bedrooms | $100.5K | $100K | -0.5% |
| 3 Bedrooms | $130.2K | $145.3K | +11.6% |
| 4 Bedrooms | $172K | $215K | +25.0% |
| 5+ Bedrooms | $227.5K | $175K | -23.1% |
Summary: Warren housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.3%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 23.1%.
Median Sold Price Compared To Nearby Cities
| Niles | $116K | $142.5K | +22.8% |
| Warren | $130.1K | $146.9K | +12.9% |
| Warren Township | $129.9K | $145.8K | +12.3% |
| Howland Township | $187.3K | $206.2K | +10.1% |
Housing Supply in Warren, OH
How many homes are available in Warren, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 252 | 275 | +9.1% |
Summary: The Warren real estate market had 275 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 51 | 49 | -3.9% |
| 3 Bedrooms | 132 | 150 | +13.6% |
| 4 Bedrooms | 52 | 60 | +15.4% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Warren housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 65 | +20.4% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
14 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. 52.3% of homes here sold below asking price last month.
Summary: A total of 65 homes were sold or pending in Warren in October 2024, up by 20.4% month-over-month. Of the 65 sold homes, 52% were sold under asking, 22% were sold at asking, and 26% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 51 Days | +24.8% |
Summary: Homes in Warren had an average of 51 days on market in Oct 2024, up by 24.8% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Warren has remained consistent over time.
Summary: During October 2024, 65 homes were sold in Warren; 40% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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