$350,000
2,272 SqFt
4 Beds
•2 Full Baths, 1 Partial
Wendy Kunash, Listing Office: Platinum Real Estate
August 2024
Report Updated 19 Days Ago
Is Concord Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Concord Township has remained a Seller's Market.
How much do homes in Concord Township, OH cost?
$335,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
Summary: The median home sold price in Concord Township was $335,000 in August 2024, up 12.2% from last year, and the median price per square foot was $140.
# BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $160K | $188K | +17.5% |
3 Bedrooms | $279.9K | $287.5K | +2.7% |
4 Bedrooms | $361.3K | $382.5K | +5.9% |
5+ Bedrooms | $410K | $549.9K | +34.1% |
Summary: Concord Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 34.1%.
Concord Township | $298.6K | $335K | +12.2% |
Painesville | $188.8K | $200K | +5.9% |
Painesville Township | $190.3K | $200K | +5.1% |
Mentor | $242.5K | $252.9K | +4.3% |
Leroy Township | $334K | $330K | -1.2% |
How many homes are available in Concord Township, OH?
Jul 2024 | Aug 2024 | CHANGE |
---|---|---|
82 | 84 | +2.4% |
Summary: The Concord Township real estate market had 84 homes for sale in August 2024, a 2.4% increase compared to July 2024.
# BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 17 | +21.4% |
3 Bedrooms | 28 | 28 | 0.0% |
4 Bedrooms | 33 | 34 | +3.0% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Concord Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 28.6%.
Jul 2024 | Aug 2024 | CHANGE |
---|---|---|
24 | 27 | +12.5% |
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Concord Township in August 2024, up by 12.5% month-over-month. Of the 27 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.
How long does it take to sell a home in Concord Township, OH?
Aug 2023 | Aug 2024 | CHANGE |
---|---|---|
41 Days | 29 Days | -29.6% |
Summary: Homes in Concord Township had an average of 29 days on market in Aug 2024, down by 29.6% compared to last year.
12 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During August 2024, 27 homes were sold in Concord Township; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% 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 19 Days Ago
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MLS Disclaimers and Copyright
Based on information from MLS Now for the period 09/01/2022 - 09/01/2024
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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