Is Nimishillen Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nimishillen Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Nimishillen Township has remained a Seller's Market.

Key Takeaway

Nimishillen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nimishillen Township, OH

How much do homes in Nimishillen Township, OH cost?

Median Sold Price

$223,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,000(-0.9%)

Key Takeaway

Homes in Nimishillen Township have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Nimishillen Township was $223,000 in November 2024, down 0.9% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$135K
N/A
2 $154.5K$152K
-1.6%
3 $224.5K$227K
+1.1%
4 $260K$240K
-7.7%
5+ $555K$172.5K
-68.9%

Summary: Nimishillen Township 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 decreased by 1.6%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 68.9%.

Median Sold Price Compared To Nearby Cities

Canton
+11.8%
Louisville
+1.4%
Nimishillen Township
-0.9%
Washington Township
-8.3%

Housing Supply in Nimishillen Township, OH

How many homes are available in Nimishillen Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3028-6.7%

Summary: The Nimishillen Township real estate market had 28 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1513
-13.3%
4 1113
+18.2%
5+ 21
-50.0%

Summary: The Nimishillen Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nimishillen Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Nimishillen Township in November 2024, down by 30.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Nimishillen Township, OH

How long does it take to sell a home in Nimishillen Township, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days54 Days+95.6%

Summary: Homes in Nimishillen Township had an average of 54 days on market in Nov 2024, up by 95.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Nimishillen Township has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Nimishillen Township; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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 3 Days Ago

Newest Listings in Nimishillen Township, OH

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