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 February 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

$241,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$16,000(+7.1%)

Key Takeaway

Homes in Poland Township have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Poland Township was $241,000 in February 2024, up 7.1% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $215K$230K
+7.0%
3 $213.5K$225K
+5.4%
4 $292.5K$370K
+26.5%
5+ $245K$401K
+63.7%

Summary: Poland Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 26.5%, and 5+ bedroom homes increased by 63.7%.

Median Sold Price Compared To Nearby Cities

Poland
+18.2%
Lowellville
+15.7%
Struthers
+14.1%
Poland Township
+7.1%
Boardman Township
+3.0%

Housing Supply in Poland Township, OH

How many homes are available in Poland Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4843-10.4%

Summary: The Poland Township real estate market had 43 homes for sale in February 2024, a 10.4% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1715
-11.8%
4 1917
-10.5%
5+ 66
0.0%

Summary: The Poland Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 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. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Poland Township in February 2024, the same as the previous month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% 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

Feb 2023Feb 2024CHANGE
43 Days65 Days+51.7%

Summary: Homes in Poland Township had an average of 65 days on market in Feb 2024, up by 51.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 February 2024, 12 homes were sold in Poland Township; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% 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 18 Days Ago

Newest Listings in Poland Township, OH

Nearby Markets to Poland Township, OH

What housing markets are near Poland Township, OH?