Is Newton Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Newton Township was a Neutral Market.
Housing Prices in Newton Township, OH
How much do homes in Newton Township, OH cost?
Median Sold Price
$140,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Newton Township was $140,000 in March 2024, up 7.7% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $41K | $82.5K | +101.2% |
2 Bedrooms | $108.3K | $120K | +10.7% |
3 Bedrooms | $138.7K | $152K | +9.5% |
4 Bedrooms | $88K | $135K | +53.4% |
5+ Bedrooms | - | $188.7K | N/A |
Summary: Newton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 101.2%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 53.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Newton Falls | $132K | $143.1K | +8.4% |
Newton Township | $129.9K | $140K | +7.7% |
Milton Township | $224K | $218.2K | -2.6% |
Housing Supply in Newton Township, OH
How many homes are available in Newton Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Summary: The Newton Township real estate market had 18 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 | 1 | 0.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 12 | 8 | -33.3% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Newton Township 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 increased by 60%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Newton Township in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Newton Township, OH
How long does it take to sell a home in Newton Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 38 Days | +96.6% |
Summary: Homes in Newton Township had an average of 38 days on market in Mar 2024, up by 96.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Newton Township; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.