Is Boardman Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Boardman Township has remained a Seller's Market.
Key Takeaway
Boardman Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boardman Township, OH
How much do homes in Boardman Township, OH cost?
Median Sold Price
$171,050
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Boardman Township have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Boardman Township was $171,050 in March 2024, up 3.3% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $81K | $75.9K | -6.2% |
| 2 Bedrooms | $118K | $129K | +9.3% |
| 3 Bedrooms | $165K | $169K | +2.4% |
| 4 Bedrooms | $228K | $266.7K | +17.0% |
| 5+ Bedrooms | $239K | $265K | +10.9% |
Summary: Boardman Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Poland | $168.5K | $195K | +15.7% |
| Struthers | $112.2K | $129.5K | +15.4% |
| Youngstown | $134.1K | $145.5K | +8.5% |
| Poland Township | $229K | $241K | +5.2% |
| Boardman Township | $165.5K | $171K | +3.3% |
Housing Supply in Boardman Township, OH
How many homes are available in Boardman Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 136 | 138 | +1.5% |
Summary: The Boardman Township real estate market had 138 homes for sale in March 2024, a 1.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 25 | 30 | +20.0% |
| 3 Bedrooms | 71 | 68 | -4.2% |
| 4 Bedrooms | 30 | 28 | -6.7% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Boardman Township 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 increased by 20%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 40 | +8.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boardman Township, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Boardman Township in March 2024, up by 8.1% month-over-month. Of the 40 sold homes, 45% were sold under asking, 13% were sold at asking, and 43% were sold over asking.
Days on Market for Boardman Township, OH
How long does it take to sell a home in Boardman Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 52 Days | 53 Days | +1.7% |
Summary: Homes in Boardman Township had an average of 53 days on market in Mar 2024, up by 1.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boardman Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 40 homes were sold in Boardman Township; 40% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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