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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plain Township is a seller's market

Buyer's
Market

Difference Since November 2021

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.

How much do homes in Plain Township, OH cost?

Median Sold Price

$207,875

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$8,850(+4.4%)

Key Takeaway

Homes in Plain Township have sold for 4.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $60K$74.7K
+24.5%
2 $156.2K$163K
+4.3%
3 $183.3K$190K
+3.6%
4 $250K$270K
+8.0%
5+ $335K$332.3K
-0.8%

Median Sold Price Compared To Nearby Cities

North Canton
+7.9%
Plain Township
+4.4%
Canton
-3.9%

How many homes are available in Plain Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
164149-9.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 1520
+33.3%
3 9783
-14.4%
4 4841
-14.6%
5+ 45
+25.0%

Number of Homes Sold

Oct 2022Nov 2022%
5851-12.1%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plain Township, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
25 Days25 Days-1.4%

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Plain Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Plain Township, OH

Plain Township, OH has 149 homes on the market. The number of homes for sale in Plain Township, OH decreased by 9.1% between October 2022 and November 2022. The median list price of listings available in November 2022 was $207,875, while the average time on the real estate market was 25 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 24.5%, prices of 2 bedrooms properties went up by 4.3%, prices of 3 bedrooms properties increased by 3.6%, prices of 4 bedrooms properties increased by 8%, the cost of 5 bedrooms properties went down by 0.8%. This housing market inventory have changed: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went up by 33.3%, 3 bedrooms homes inventory decreased by 14.4%, 4 bedrooms homes became 14.6% less available, 5 bedrooms homes inventory increased by 25%. In November 2022 more than 24 listings in Plain Township, OH were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 22 were sold below.

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