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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashtabula Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Ashtabula Township, OH

How much do homes in Ashtabula Township, OH cost?

Median Sold Price

$135,333

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,458(+4.2%)

Key Takeaway

Homes in Ashtabula Township have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Ashtabula Township was $135,333 in March 2024, up 4.2% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $56.2K$77.5K
+37.8%
2 $100K$115K
+15.0%
3 $135.6K$140K
+3.2%
4 $123.4K$140.5K
+13.8%
5+ $140K$172.5K
+23.2%

Summary: Ashtabula Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.8%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 23.2%.

Median Sold Price Compared To Nearby Cities

Saybrook Township
+16.9%
Plymouth Township
+8.0%
Ashtabula Township
+4.2%
Ashtabula
+4.2%

Housing Supply in Ashtabula Township, OH

How many homes are available in Ashtabula Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
97104+7.2%

Summary: The Ashtabula Township real estate market had 104 homes for sale in March 2024, a 7.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1414
0.0%
3 5861
+5.2%
4 1419
+35.7%
5+ 98
-11.1%

Summary: The Ashtabula Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashtabula Township, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Ashtabula Township in March 2024, up by 10.5% month-over-month. Of the 21 sold homes, 62% were sold under asking, 10% were sold at asking, and 29% were sold over asking.

Days on Market for Ashtabula Township, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
65 Days66 Days+2.0%

Summary: Homes in Ashtabula Township had an average of 66 days on market in Mar 2024, up by 2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ashtabula Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 21 homes were sold in Ashtabula Township; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% 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 24 Days Ago

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