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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boardman Township is a seller's market

Buyer's
Market

Difference Since February 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

$170,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$5,000(+3.0%)

Key Takeaway

Homes in Boardman Township have sold for 3% more than they did a year ago.

Summary: The median home sold price in Boardman Township was $170,000 in February 2024, up 3% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $81K$72K
-11.1%
2 $112K$127.2K
+13.6%
3 $165K$166K
+0.6%
4 $228K$266.7K
+17.0%
5+ $237K$265K
+11.8%

Summary: Boardman Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 11.8%.

Median Sold Price Compared To Nearby Cities

Poland
+18.2%
Struthers
+14.1%
Youngstown
+7.6%
Poland Township
+7.1%
Boardman Township
+3.0%

Housing Supply in Boardman Township, OH

How many homes are available in Boardman Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
130137+5.4%

Summary: The Boardman Township real estate market had 137 homes for sale in February 2024, a 5.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 21
-50.0%
2 1926
+36.8%
3 7470
-5.4%
4 2831
+10.7%
5+ 79
+28.6%

Summary: The Boardman Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 36.8%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
3134+9.7%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boardman Township, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Boardman Township in February 2024, up by 9.7% month-over-month. Of the 34 sold homes, 62% were sold under asking, 18% were sold at asking, and 21% 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

Feb 2023Feb 2024CHANGE
47 Days57 Days+22.2%

Summary: Homes in Boardman Township had an average of 57 days on market in Feb 2024, up by 22.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Boardman Township has remained consistent over time.

Summary: During February 2024, 34 homes were sold in Boardman Township; 26% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 18% 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 18 Days Ago

Newest Listings in Boardman Township, OH

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