Is Massillon, 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, Massillon has remained a Seller's Market.
Key Takeaway
Massillon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Massillon, OH
How much do homes in Massillon, OH cost?
Median Sold Price
$186,875
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Massillon have sold for 7% more than they did a year ago.
Summary: The median home sold price in Massillon was $186,875 in March 2024, up 7% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.5K | $60K | -31.4% |
| 2 Bedrooms | $117.7K | $129K | +9.6% |
| 3 Bedrooms | $169.5K | $185K | +9.1% |
| 4 Bedrooms | $265K | $283.7K | +7.1% |
| 5+ Bedrooms | $288.5K | $310K | +7.5% |
Summary: Massillon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Cities
| Massillon | $174.7K | $186.8K | +7.0% |
| Perry Township | $179.9K | $190K | +5.6% |
| Tuscarawas Township | $199.7K | $193.4K | -3.1% |
| Navarre | $180.5K | $159K | -11.9% |
Housing Supply in Massillon, OH
How many homes are available in Massillon, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 171 | 171 | 0.0% |
Summary: The Massillon real estate market had 171 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 30 | 26 | -13.3% |
| 3 Bedrooms | 92 | 96 | +4.3% |
| 4 Bedrooms | 41 | 39 | -4.9% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Massillon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 49 | -12.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Massillon, you could pay more than the asking price. 52.1% of homes here sold above asking price last month.
Summary: A total of 49 homes were sold or pending in Massillon in March 2024, down by 12.5% month-over-month. Of the 48 sold homes, 33% were sold under asking, 15% were sold at asking, and 52% were sold over asking.
Days on Market for Massillon, OH
How long does it take to sell a home in Massillon, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 38 Days | +7.5% |
Summary: Homes in Massillon had an average of 38 days on market in Mar 2024, up by 7.5% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Massillon are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 49 homes were sold in Massillon; 63% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.