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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Austintown Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Austintown Township, OH

How much do homes in Austintown Township, OH cost?

Median Sold Price

$174,750

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$14,750(+9.2%)

Key Takeaway

Homes in Austintown Township have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Austintown Township was $174,750 in September 2024, up 9.2% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $120.7K$110K
-8.9%
2 $132K$130.9K
-0.8%
3 $160K$177.7K
+11.1%
4 $205.7K$186K
-9.6%
5+ $170K$150K
-11.8%

Summary: Austintown Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes decreased by 11.8%.

Median Sold Price Compared To Nearby Cities

Mineral Ridge
+27.4%
Weathersfield Township
+20.8%
Jackson Township
+9.4%
Austintown Township
+9.2%

Housing Supply in Austintown Township, OH

How many homes are available in Austintown Township, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
121122+0.8%

Summary: The Austintown Township real estate market had 122 homes for sale in September 2024, a 0.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 914
+55.6%
3 8882
-6.8%
4 1619
+18.8%
5+ 65
-16.7%

Summary: The Austintown Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 55.6%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3435+2.9%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Austintown Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Austintown Township in September 2024, up by 2.9% month-over-month. Of the 35 sold homes, 43% were sold under asking, 20% were sold at asking, and 37% were sold over asking.

Days on Market for Austintown Township, OH

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

Average Sale Time

Sep 2023Sep 2024CHANGE
27 Days33 Days+21.2%

Summary: Homes in Austintown Township had an average of 33 days on market in Sep 2024, up by 21.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 35 homes were sold in Austintown Township; 51% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 6% 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 30 Days Ago

Newest Listings in Austintown Township, OH

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