Is Lowellville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$172,450
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lowellville was $172,450 in March 2024, up 56.8% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $56.5K | - | N/A |
2 Bedrooms | $83.8K | $85K | +1.4% |
3 Bedrooms | $156K | $150.9K | -3.2% |
4 Bedrooms | $320K | $406.2K | +26.9% |
5+ Bedrooms | $287.5K | $380K | +32.2% |
Summary: Lowellville housing prices by bedroom type for March 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 3.2%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 32.2%.
Median Sold Price Compared To Nearby Cities
Lowellville | $110K | $172.4K | +56.8% |
Struthers | $112.2K | $129.5K | +15.4% |
Poland Township | $229K | $241K | +5.2% |
Housing Supply in Lowellville, OH
How many homes are available in Lowellville, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Summary: The Lowellville real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lowellville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lowellville in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 51 Days | +32.1% |
Summary: Homes in Lowellville had an average of 51 days on market in Mar 2024, up by 32.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Lowellville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.