Is Shalersville Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Shalersville Township has remained a Seller's Market.
Key Takeaway
Shalersville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shalersville Township, OH
How much do homes in Shalersville Township, OH cost?
Median Sold Price
$224,950
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Shalersville Township have sold for 23.9% more than they did a year ago.
Summary: The median home sold price in Shalersville Township was $224,950 in May 2024, up 23.9% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $387.4K | N/A |
| 3 Bedrooms | $190.5K | $223.2K | +17.2% |
| 4 Bedrooms | $179.5K | $214K | +19.2% |
| 5+ Bedrooms | $176.4K | $305K | +72.9% |
Summary: Shalersville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 72.9%.
Median Sold Price Compared To Nearby Cities
| Hiram Township | $218.7K | $285K | +30.3% |
| Shalersville Township | $181.5K | $224.9K | +23.9% |
| Mantua | $243.5K | $256K | +5.1% |
| Mantua Township | $255K | $257.5K | +1.0% |
| Freedom Township | $232.5K | $190K | -18.3% |
Housing Supply in Shalersville Township, OH
How many homes are available in Shalersville Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Shalersville Township real estate market had 12 homes for sale in May 2024, a 9.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shalersville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shalersville Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Shalersville Township in May 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Shalersville Township, OH
How long does it take to sell a home in Shalersville Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 24 Days | 56 Days | +135.4% |
Summary: Homes in Shalersville Township had an average of 56 days on market in May 2024, up by 135.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shalersville Township has remained consistent over time.
Summary: During May 2024, 4 homes were sold in Shalersville Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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