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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Massillon is a seller's market

Buyer's
Market

Difference Since November 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

$196,411

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,086(+3.7%)

Key Takeaway

Homes in Massillon have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Massillon was $196,411 in November 2024, up 3.7% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$60K
N/A
2 $127.3K$135.5K
+6.4%
3 $185K$188.5K
+1.9%
4 $270K$272K
+0.7%
5+ $315K$355K
+12.7%

Summary: Massillon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Cities

Perry Township
+16.2%
Tuscarawas Township
+13.2%
Navarre
+8.5%
Massillon
+3.7%
North Lawrence
-19.8%

Housing Supply in Massillon, OH

How many homes are available in Massillon, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
207216+4.3%

Summary: The Massillon real estate market had 216 homes for sale in November 2024, a 4.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 3935
-10.3%
3 122133
+9.0%
4 3742
+13.5%
5+ 76
-14.3%

Summary: The Massillon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5557+3.6%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Massillon, you may be able to get a good deal. 43.9% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in Massillon in November 2024, up by 3.6% month-over-month. Of the 57 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% 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

Nov 2023Nov 2024CHANGE
36 Days23 Days-33.8%

Summary: Homes in Massillon had an average of 23 days on market in Nov 2024, down by 33.8% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 57 homes were sold in Massillon; 68% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 2% 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 1 Day Ago

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