Is Plain 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, Plain Township has remained a Seller's Market.
Key Takeaway
Plain Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plain Township, OH
How much do homes in Plain Township, OH cost?
Median Sold Price
$230,920
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Plain Township have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Plain Township was $230,920 in March 2024, up 2.6% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $68K | 0.0% |
| 2 Bedrooms | $155K | $189.9K | +22.5% |
| 3 Bedrooms | $199.9K | $210K | +5.0% |
| 4 Bedrooms | $289K | $299.9K | +3.8% |
| 5+ Bedrooms | $344K | $321.7K | -6.5% |
Summary: Plain 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 increased by 22.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
| North Canton | $250K | $273.9K | +9.6% |
| Canton | $147.1K | $152.8K | +3.8% |
| Plain Township | $224.9K | $230.9K | +2.6% |
Housing Supply in Plain Township, OH
How many homes are available in Plain Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 116 | 122 | +5.2% |
Summary: The Plain Township real estate market had 122 homes for sale in March 2024, a 5.2% 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 | 12 | 17 | +41.7% |
| 3 Bedrooms | 62 | 64 | +3.2% |
| 4 Bedrooms | 32 | 32 | 0.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Plain 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 41.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 39 | -13.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plain Township, you may be able to get a good deal. 40.5% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Plain Township in March 2024, down by 13.3% month-over-month. Of the 37 sold homes, 41% were sold under asking, 19% were sold at asking, and 41% were sold over asking.
Days on Market for Plain Township, OH
How long does it take to sell a home in Plain Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 28 Days | +0.7% |
Summary: Homes in Plain Township had an average of 28 days on market in Mar 2024, up by 0.7% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plain Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 39 homes were sold in Plain Township; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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