Is Barberton, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barberton is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Barberton, OH cost?

Median Sold Price

$127,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$16,125(+14.5%)

Key Takeaway

Homes in Barberton have sold for 14.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $62.5K$30K
-52.0%
2 $85K$100K
+17.6%
3 $118K$135K
+14.4%
4 $125K$144K
+15.2%
5+ $134K$152K
+13.4%

Median Sold Price Compared To Nearby Cities

New Franklin
+15.6%
Norton
+15.4%
Coventry Township
+15.4%
Barberton
+14.5%
Akron
+10.3%

How many homes are available in Barberton, OH?

Number of Homes For Sale

Aug 2022Sep 2022%
1211210.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 2332
+39.1%
3 6162
+1.6%
4 3123
-25.8%
5+ 53
-40.0%

Number of Homes Sold

Aug 2022Sep 2022%
3546+31.4%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barberton, you could pay more than the asking price. 45.7% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
27 Days25 Days-6.1%

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Barberton, OH

There are 121 homes are for sale in Barberton, OH real estate market. In September 2022, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $127,000. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 52%, prices of 2 bedrooms properties went up by 17.6%, 3 bedrooms properties prices increased by 14.4%, prices of 4 bedrooms properties went up by 15.2%, the cost of 5 bedrooms properties went up by 13.4%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 39.1% more available, volume of 3 bedrooms homes went up by 1.6%, volume of 4 bedrooms homes went down by 25.8%, number of 5 bedrooms homes decreased by 40%. In September 2022 more than 21 listings in Barberton, OH were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 19 were sold below.

Related Housing Market Reports