Is North Towne, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Towne has remained a Seller's Market.
Housing Prices in North Towne, OH
How much do homes in North Towne, OH cost?
Median Sold Price
$138,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Towne was $138,000 in April 2024, up 11.1% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $89.2K | $97.2K | +9.0% |
3 Bedrooms | $130K | $140K | +7.7% |
4 Bedrooms | $160K | $182K | +13.8% |
5+ Bedrooms | - | $278K | N/A |
Summary: North Towne housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
North Towne | $124.2K | $138K | +11.1% |
Whitmer / Trilby | $149.9K | $160K | +6.7% |
Five Points | $89.9K | $92K | +2.3% |
Housing Supply in North Towne, OH
How many homes are available in North Towne, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 16 | +6.7% |
Summary: The North Towne real estate market had 16 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Towne housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in North Towne in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for North Towne, OH
How long does it take to sell a home in North Towne, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 58 Days | -21.7% |
Summary: Homes in North Towne had an average of 58 days on market in Apr 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in North Towne; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.