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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poland Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Poland Township, OH

How much do homes in Poland Township, OH cost?

Median Sold Price

$265,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,650(+9.8%)

Key Takeaway

Homes in Poland Township have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Poland Township was $265,000 in November 2024, up 9.8% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$33K
N/A
2 $195K$245K
+25.6%
3 $220K$237.5K
+8.0%
4 $382K$375.4K
-1.7%
5+ $312.5K$457.5K
+46.4%

Summary: Poland 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 increased by 25.6%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 46.4%.

Median Sold Price Compared To Nearby Cities

Lowellville
+37.7%
Boardman Township
+19.8%
Struthers
+15.0%
Poland Township
+9.8%
Poland
+7.7%

Housing Supply in Poland Township, OH

How many homes are available in Poland Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8377-7.2%

Summary: The Poland Township real estate market had 77 homes for sale in November 2024, a 7.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 3934
-12.8%
4 2725
-7.4%
5+ 98
-11.1%

Summary: The Poland 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 increased by 25%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1918-5.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poland Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Poland Township in November 2024, down by 5.3% month-over-month. Of the 18 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% were sold over asking.

Days on Market for Poland Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days43 Days+17.9%

Summary: Homes in Poland Township had an average of 43 days on market in Nov 2024, up by 17.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Poland Township; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% 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 Poland Township, OH

Nearby Markets to Poland Township, OH

What housing markets are near Poland Township, OH?