Is Firestone Park, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Firestone Park is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Firestone Park has remained a Seller's Market.

Key Takeaway

Firestone Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Firestone Park, OH

How much do homes in Firestone Park, OH cost?

Median Sold Price

$130,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+8.3%)

Key Takeaway

Homes in Firestone Park have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Firestone Park was $130,000 in April 2024, up 8.3% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $100K$99.9K
-0.1%
3 $124K$132.5K
+6.9%
4 $126K$140K
+11.1%
5+ $112.5K$164K
+45.8%

Summary: Firestone Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 45.8%.

Median Sold Price Compared To Nearby Neighborhoods

Kenmore
+14.8%
Firestone Park
+8.3%
South Akron
+6.9%

Housing Supply in Firestone Park, OH

How many homes are available in Firestone Park, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5347-11.3%

Summary: The Firestone Park real estate market had 47 homes for sale in April 2024, a 11.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 3229
-9.4%
4 87
-12.5%
5+ 10
-100.0%

Summary: The Firestone Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2115-28.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Firestone Park, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Firestone Park in April 2024, down by 28.6% month-over-month. Of the 15 sold homes, 47% were sold under asking, 13% were sold at asking, and 40% were sold over asking.

Days on Market for Firestone Park, OH

How long does it take to sell a home in Firestone Park, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days48 Days+56.9%

Summary: Homes in Firestone Park had an average of 48 days on market in Apr 2024, up by 56.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Firestone Park are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in Firestone Park; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% 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 6 Days Ago

Newest Listings in Firestone Park, OH

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