Is Canfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Canfield Township was a Seller's Market.
Housing Prices in Canfield Township, OH
How much do homes in Canfield Township, OH cost?
Median Sold Price
$291,375
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Canfield Township was $291,375 in February 2024, up 10.4% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121.2K | - | N/A |
2 Bedrooms | $165K | $212K | +28.5% |
3 Bedrooms | $236.8K | $257K | +8.5% |
4 Bedrooms | $350.8K | $400K | +14.0% |
5+ Bedrooms | $455K | $500K | +9.9% |
Summary: Canfield Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 9.9%.
Median Sold Price Compared To Nearby Cities
Canfield Township | $264K | $291.3K | +10.4% |
Canfield | $264K | $290.6K | +10.1% |
Austintown Township | $155K | $167.1K | +7.8% |
Boardman Township | $165K | $170K | +3.0% |
Green Township | $242.5K | $220K | -9.3% |
Housing Supply in Canfield Township, OH
How many homes are available in Canfield Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
61 | 77 | +26.2% |
Summary: The Canfield Township real estate market had 77 homes for sale in February 2024, a 26.2% increase 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 | 8 | 9 | +12.5% |
3 Bedrooms | 24 | 31 | +29.2% |
4 Bedrooms | 20 | 26 | +30.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Canfield Township 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 increased by 12.5%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Canfield Township in February 2024, up by 37.5% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for Canfield Township, OH
How long does it take to sell a home in Canfield Township, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
53 Days | 56 Days | +5.2% |
Summary: Homes in Canfield Township had an average of 56 days on market in Feb 2024, up by 5.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in Canfield Township; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.