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
$159,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kinsman have sold for 13.6% less than they did a year ago.
Summary: The median home sold price in Kinsman was $159,000 in April 2024, down 13.6% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $22K | - | N/A |
| 2 Bedrooms | $85K | $154.5K | +81.8% |
| 3 Bedrooms | $237.2K | $179.9K | -24.2% |
| 4 Bedrooms | $435K | $172.4K | -60.4% |
| 5+ Bedrooms | $94K | - | N/A |
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 increased by 81.8%, 3 bedroom homes decreased by 24.2%, 4 bedroom homes decreased by 60.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kinsman | $183.9K | $159K | -13.6% |
| Kinsman Township | $200K | $150K | -25.0% |
Housing Supply in Kinsman, OH
How many homes are available in Kinsman, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Kinsman real estate market had 7 homes for sale in April 2024, a 40.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
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 remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kinsman, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Kinsman in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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 |
|---|---|---|
| 150 Days | 8 Days | -94.7% |
Summary: Homes in Kinsman had an average of 8 days on market in Apr 2024, down by 94.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kinsman are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Kinsman; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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