Is Leetonia, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leetonia is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Leetonia, OH

How much do homes in Leetonia, OH cost?

Median Sold Price

$165,000

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$23,000(+16.2%)

Key Takeaway

Homes in Leetonia have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in Leetonia was $165,000 in September 2024, up 16.2% from last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $66.1K$50.6K
-23.4%
3 $139K$158K
+13.7%
4 $218K$165K
-24.3%
5+ $269.9K$294K
+8.9%

Summary: Leetonia housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.4%, 3 bedroom homes increased by 13.7%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Cities

Fairfield Township
+16.6%
Leetonia
+16.2%
Salem Township
+10.0%

Housing Supply in Leetonia, OH

How many homes are available in Leetonia, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1014+40.0%

Summary: The Leetonia real estate market had 14 homes for sale in September 2024, a 40.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 47
+75.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Leetonia housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leetonia, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Leetonia in September 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Leetonia, OH

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

Average Sale Time

Sep 2023Sep 2024CHANGE
73 Days67 Days-8.5%

Summary: Homes in Leetonia had an average of 67 days on market in Sep 2024, down by 8.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Leetonia has remained consistent over time.

Summary: During September 2024, 4 homes were sold in Leetonia; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 5 Days Ago

Newest Listings in Leetonia, OH

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