Is Nimishillen Township, 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, Nimishillen Township has remained a Seller's Market.
Housing Prices in Nimishillen Township, OH
How much do homes in Nimishillen Township, OH cost?
Median Sold Price
$226,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Nimishillen Township was $226,000 in March 2024, up 25.6% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | $119K | -20.7% |
3 Bedrooms | $182K | $224.7K | +23.5% |
4 Bedrooms | $220K | $265.7K | +20.8% |
5+ Bedrooms | - | $475K | N/A |
Summary: Nimishillen Township 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 decreased by 20.7%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Washington Township | $169K | $215.5K | +27.5% |
Nimishillen Township | $179.9K | $226K | +25.6% |
Louisville | $190K | $224.5K | +18.2% |
Canton | $147.1K | $152.8K | +3.8% |
Housing Supply in Nimishillen Township, OH
How many homes are available in Nimishillen Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 21 | +23.5% |
Summary: The Nimishillen Township real estate market had 21 homes for sale in March 2024, a 23.5% increase 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 | 2 | 2 | 0.0% |
3 Bedrooms | 11 | 15 | +36.4% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nimishillen 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 remained the same, 3 bedroom homes increased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Nimishillen Township in March 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
14 Days | 18 Days | +32.3% |
Summary: Homes in Nimishillen Township had an average of 18 days on market in Mar 2024, up by 32.3% compared to last year.
Breakdown of Home Sale Times
5 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, 7 homes were sold in Nimishillen Township; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.