Is Burton, 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, Burton has remained a Seller's Market.
Housing Prices in Burton, OH
How much do homes in Burton, OH cost?
Median Sold Price
$252,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Burton was $252,500 in March 2024, up 1% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $217K | $213K | -1.8% |
3 Bedrooms | $231.5K | $260K | +12.3% |
4 Bedrooms | $410K | $297.5K | -27.4% |
5+ Bedrooms | $390K | $250K | -35.9% |
Summary: Burton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 27.4%, and 5+ bedroom homes decreased by 35.9%.
Median Sold Price Compared To Nearby Cities
Burton Township | $250K | $255K | +2.0% |
Burton | $250K | $252.5K | +1.0% |
Housing Supply in Burton, OH
How many homes are available in Burton, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Summary: The Burton real estate market had 11 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Burton 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 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Burton in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Burton, OH
How long does it take to sell a home in Burton, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 7 Days | -80.4% |
Summary: Homes in Burton had an average of 7 days on market in Mar 2024, down by 80.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Burton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.