Is Kinsman, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kinsman has remained a Seller's Market.
Key Takeaway
Kinsman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kinsman, OH
How much do homes in Kinsman, OH cost?
Median Sold Price
$55,000
$29/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kinsman have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Kinsman was $55,000 in April 2024, up 12.2% from last year, and the median price per square foot was $29.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $22K | N/A |
| 3 Bedrooms | $50K | $76.3K | +52.7% |
| 4 Bedrooms | $37.5K | $50K | +33.3% |
| 5+ Bedrooms | $58K | $55K | -5.2% |
Summary: Kinsman 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 did not change, 3 bedroom homes increased by 52.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Broadway-Slavic village | $57.2K | $70K | +22.3% |
| Kinsman | $49K | $55K | +12.2% |
Housing Supply in Kinsman, OH
How many homes are available in Kinsman, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 24 | +50.0% |
Summary: The Kinsman real estate market had 24 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Kinsman 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kinsman, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Kinsman in April 2024, up by 100.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Kinsman, OH
How long does it take to sell a home in Kinsman, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 56 Days | +35.8% |
Summary: Homes in Kinsman had an average of 56 days on market in Apr 2024, up by 35.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kinsman has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Kinsman; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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