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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warren Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Warren Township, OH

How much do homes in Warren Township, OH cost?

Median Sold Price

$149,731

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,733(+17.0%)

Key Takeaway

Homes in Warren Township have sold for 17% more than they did a year ago.

Summary: The median home sold price in Warren Township was $149,731 in November 2024, up 17% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $53.2K$64.7K
+21.7%
2 $100K$107K
+7.0%
3 $128.6K$146K
+13.5%
4 $174.5K$226K
+29.5%
5+ $230K$175K
-23.9%

Summary: Warren Township 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 7%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes decreased by 23.9%.

Median Sold Price Compared To Nearby Cities

Leavittsburg
+19.8%
Howland Township
+18.9%
Warren Township
+17.0%
Warren
+15.7%
Champion Township
+11.4%

Housing Supply in Warren Township, OH

How many homes are available in Warren Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
292268-8.2%

Summary: The Warren Township real estate market had 268 homes for sale in November 2024, a 8.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 5749
-14.0%
3 155149
-3.9%
4 6355
-12.7%
5+ 1412
-14.3%

Summary: The Warren 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 14%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7857-26.9%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warren Township, you may be able to get a good deal. 49.1% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in Warren Township in November 2024, down by 26.9% month-over-month. Of the 57 sold homes, 49% were sold under asking, 21% were sold at asking, and 30% were sold over asking.

Days on Market for Warren Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days47 Days+23.6%

Summary: Homes in Warren Township had an average of 47 days on market in Nov 2024, up by 23.6% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Warren Township has remained consistent over time.

Summary: During November 2024, 57 homes were sold in Warren Township; 26% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 9% 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

Newest Listings in Warren Township, OH

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