Is Austinburg, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Austinburg has remained a Seller's Market.
Key Takeaway
Austinburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Austinburg, OH
How much do homes in Austinburg, OH cost?
Median Sold Price
$305,000
-
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Austinburg have sold for 67.6% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $305K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $182K | - | N/A |
Summary: Austinburg housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Austinburg Township | $231K | $442.5K | +91.6% |
| Austinburg | $182K | $305K | +67.6% |
Housing Supply in Austinburg, OH
How many homes are available in Austinburg, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Austinburg real estate market had 1 homes for sale in March 2024, a 50.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Austinburg 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Austinburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Austinburg in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Austinburg, OH
How long does it take to sell a home in Austinburg, OH?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 71 Days | 7 Days | -90.1% |
Summary: Homes in Austinburg had an average of 7 days on market in Mar 2024, down by 90.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Austinburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Austinburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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