Is Lowellville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Lowellville has remained a Seller's Market.
Housing Prices in Lowellville, OH
How much do homes in Lowellville, OH cost?
Median Sold Price
$133,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Lowellville was $133,000 in February 2024, up 15.7% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $56.5K | - | N/A |
2 Bedrooms | $83.8K | $85K | +1.4% |
3 Bedrooms | $160K | $130K | -18.8% |
4 Bedrooms | $320K | $406.2K | +26.9% |
5+ Bedrooms | $287.5K | $380K | +32.2% |
Summary: Lowellville 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 increased by 1.4%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 32.2%.
Median Sold Price Compared To Nearby Cities
Lowellville | $115K | $133K | +15.7% |
Struthers | $110K | $125.5K | +14.1% |
Poland Township | $225K | $241K | +7.1% |
Housing Supply in Lowellville, OH
How many homes are available in Lowellville, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Summary: The Lowellville real estate market had 5 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lowellville housing inventory by bedroom type for February 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lowellville in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lowellville, OH
How long does it take to sell a home in Lowellville, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
79 Days | 118 Days | +49.4% |
Summary: Homes in Lowellville had an average of 118 days on market in Feb 2024, up by 49.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Lowellville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.