Is Barberton, 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, Barberton has remained a Seller's Market.
Housing Prices in Barberton, OH
How much do homes in Barberton, OH cost?
Median Sold Price
$145,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Barberton was $145,000 in February 2024, up 8.6% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $28K | -6.7% |
2 Bedrooms | $100K | $112K | +12.0% |
3 Bedrooms | $139.9K | $150K | +7.2% |
4 Bedrooms | $241.1K | $171K | -29.1% |
5+ Bedrooms | $157K | $164.5K | +4.8% |
Summary: Barberton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 29.1%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
Coventry Township | $175K | $200K | +14.3% |
Barberton | $133.4K | $145K | +8.6% |
New Franklin | $220K | $225K | +2.3% |
Akron | $127.4K | $128.9K | +1.2% |
Norton | $243.4K | $228.7K | -6.0% |
Housing Supply in Barberton, OH
How many homes are available in Barberton, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
72 | 65 | -9.7% |
Summary: The Barberton real estate market had 65 homes for sale in February 2024, a 9.7% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 14 | -22.2% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Barberton housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 26 | +36.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Barberton in February 2024, up by 36.8% month-over-month. Of the 26 sold homes, 38% were sold under asking, 27% were sold at asking, and 35% were sold over asking.
Days on Market for Barberton, OH
How long does it take to sell a home in Barberton, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
40 Days | 40 Days | +0.6% |
Summary: Homes in Barberton had an average of 40 days on market in Feb 2024, up by 0.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 26 homes were sold in Barberton; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.