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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Howland Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Howland Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Howland Township, OH

How much do homes in Howland Township, OH cost?

Median Sold Price

$185,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,500(+2.5%)

Key Takeaway

Homes in Howland Township have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Howland Township was $185,000 in March 2024, up 2.5% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $42.4K$53.8K
+26.9%
2 $155K$158.1K
+2.0%
3 $165K$180K
+9.1%
4 $253K$245K
-3.2%
5+ $275K$430K
+56.4%

Summary: Howland Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.9%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 56.4%.

Median Sold Price Compared To Nearby Cities

Niles
+14.3%
Vienna
+9.9%
Weathersfield Township
+7.7%
Howland Township
+2.5%
Warren
-6.7%

Housing Supply in Howland Township, OH

How many homes are available in Howland Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4955+12.2%

Summary: The Howland Township real estate market had 55 homes for sale in March 2024, a 12.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 1922
+15.8%
4 1820
+11.1%
5+ 32
-33.3%

Summary: The Howland Township 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 22.2%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Howland Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Howland Township in March 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Howland Township, OH

How long does it take to sell a home in Howland Township, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
78 Days52 Days-32.9%

Summary: Homes in Howland Township had an average of 52 days on market in Mar 2024, down by 32.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 12 homes were sold in Howland Township; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% 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 19 Days Ago

Newest Listings in Howland Township, OH

Nearby Markets to Howland Township, OH

What housing markets are near Howland Township, OH?