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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson Township is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Jackson Township was a Seller's Market.

Key Takeaway

Jackson Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jackson Township, OH

How much do homes in Jackson Township, OH cost?

Median Sold Price

$190,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$47,500(-20.0%)

Key Takeaway

Homes in Jackson Township have sold for 20% less than they did a year ago.

Summary: The median home sold price in Jackson Township was $190,000 in February 2024, down 20% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$278.4K
N/A
2 $141.2K$110.7K
-21.6%
3 $240K$210K
-12.5%
4 $271K$282K
+4.1%
5+ $448.5K$282K
-37.1%

Summary: Jackson 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 decreased by 21.6%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 37.1%.

Median Sold Price Compared To Nearby Cities

Austintown Township
+7.8%
Mineral Ridge
+2.3%
North Jackson
-6.7%
Jackson Township
-20.0%

Housing Supply in Jackson Township, OH

How many homes are available in Jackson Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2124+14.3%

Summary: The Jackson Township real estate market had 24 homes for sale in February 2024, a 14.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 23
+50.0%
2 22
0.0%
3 1012
+20.0%
4 55
0.0%
5+ 22
0.0%

Summary: The Jackson Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Jackson Township in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Jackson Township, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
71 Days71 Days-0.9%

Summary: Homes in Jackson Township had an average of 71 days on market in Feb 2024, down by 0.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jackson Township has remained consistent over time.

Summary: During February 2024, 3 homes were sold in Jackson Township; 0% of homes were sold within 30 days, 67% 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 18 Days Ago

Newest Listings in Jackson Township, OH

Nearby Markets to Jackson Township, OH

What housing markets are near Jackson Township, OH?