Is Coventry 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, Coventry Township has remained a Seller's Market.
Housing Prices in Coventry Township, OH
How much do homes in Coventry Township, OH cost?
Median Sold Price
$200,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Coventry Township was $200,000 in March 2024, up 14.3% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $85K | +21.4% |
2 Bedrooms | $158K | $157.4K | -0.3% |
3 Bedrooms | $178K | $211.2K | +18.7% |
4 Bedrooms | $235.5K | $220.5K | -6.4% |
5+ Bedrooms | $320K | $365K | +14.1% |
Summary: Coventry Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.4%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 18.7%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
Coventry Township | $175K | $200K | +14.3% |
Barberton | $134.6K | $150K | +11.4% |
Springfield Township | $165K | $179.9K | +9.1% |
Akron | $127.4K | $130K | +2.0% |
Green | $292.3K | $285K | -2.5% |
Housing Supply in Coventry Township, OH
How many homes are available in Coventry Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Summary: The Coventry Township real estate market had 34 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 12 | 11 | -8.3% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Coventry Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Coventry Township in March 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Coventry Township, OH
How long does it take to sell a home in Coventry Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 49 Days | +56.2% |
Summary: Homes in Coventry Township had an average of 49 days on market in Mar 2024, up by 56.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Coventry Township; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.