Is Stow, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Stow has remained a Seller's Market.
Housing Prices in Stow, OH
How much do homes in Stow, OH cost?
Median Sold Price
$260,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stow was $260,000 in April 2024, up 4.3% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $56K | $79.4K | +41.9% |
2 Bedrooms | $131.5K | $161K | +22.4% |
3 Bedrooms | $239K | $257.5K | +7.7% |
4 Bedrooms | $299.4K | $295K | -1.5% |
5+ Bedrooms | $367.5K | $310K | -15.6% |
Summary: Stow housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.9%, 2 bedroom homes increased by 22.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 15.6%.
Housing Supply in Stow, OH
How many homes are available in Stow, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 85 | +14.9% |
Summary: The Stow real estate market had 85 homes for sale in April 2024, a 14.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 32 | 33 | +3.1% |
4 Bedrooms | 24 | 30 | +25.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Stow housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 30 | +30.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Stow in April 2024, up by 30.4% month-over-month. Of the 30 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for Stow, OH
How long does it take to sell a home in Stow, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 16 Days | -50.3% |
Summary: Homes in Stow had an average of 16 days on market in Apr 2024, down by 50.3% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in Stow; 80% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.