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 Last Month

Since last month, 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

$114,950

$117/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$71,150(+162.4%)

Key Takeaway

Homes in Leetonia have sold for 162.4% more than they did a month ago.

Summary: The median home sold price in Leetonia was $114,950 in March 2024, up 162.4% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $50.6K-
N/A
3 $37K$114.9K
+210.7%
4 --
N/A
5+ --
N/A

Summary: Leetonia housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 210.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Leetonia, OH

How many homes are available in Leetonia, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
79+28.6%

Summary: The Leetonia real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 47
+75.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Leetonia 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 decreased 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

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leetonia, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Leetonia in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Feb 2024Mar 2024CHANGE
35 Days9 Days-74.6%

Summary: Homes in Leetonia had an average of 9 days on market in Mar 2024, down by 74.6% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Leetonia; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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