Is Austintown Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Austintown Township has remained a Seller's Market.
Housing Prices in Austintown Township, OH
How much do homes in Austintown Township, OH cost?
Median Sold Price
$167,100
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Austintown Township was $167,100 in February 2024, up 7.8% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $110.7K | N/A |
2 Bedrooms | $104K | $130.9K | +25.9% |
3 Bedrooms | $154.2K | $170.8K | +10.8% |
4 Bedrooms | $184K | $201.5K | +9.5% |
5+ Bedrooms | $189K | $150K | -20.6% |
Summary: Austintown Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 20.6%.
Median Sold Price Compared To Nearby Cities
Mc Donald | $118.5K | $160K | +35.0% |
Austintown Township | $155K | $167.1K | +7.8% |
Weathersfield Township | $110.6K | $116K | +4.9% |
Mineral Ridge | $176K | $180K | +2.3% |
Jackson Township | $237.5K | $190K | -20.0% |
Housing Supply in Austintown Township, OH
How many homes are available in Austintown Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
92 | 94 | +2.2% |
Summary: The Austintown Township real estate market had 94 homes for sale in February 2024, a 2.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 60 | 61 | +1.7% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Austintown Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 | 23 | -14.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Austintown Township in February 2024, down by 14.8% month-over-month. Of the 23 sold homes, 61% were sold under asking, 9% were sold at asking, and 30% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
49 Days | 55 Days | +12.4% |
Summary: Homes in Austintown Township had an average of 55 days on market in Feb 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 23 homes were sold in Austintown Township; 26% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.