$45,900
0.25 Acres
Land
Steve Thompson, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
Is Rootstown Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Rootstown Township was a Seller's Market.
Key Takeaway
Rootstown Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rootstown Township, OH
How much do homes in Rootstown Township, OH cost?
Median Sold Price
$259,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$2,500(+1.0%)
Key Takeaway
Homes in Rootstown Township have sold for 1% more than they did a year ago.
Summary: The median home sold price in Rootstown Township was $259,000 in September 2024, up 1% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $44.9K | - | N/A |
| 2 Bedrooms | $170K | $50K | -70.6% |
| 3 Bedrooms | $235K | $250K | +6.4% |
| 4 Bedrooms | $310K | $297.5K | -4.0% |
| 5+ Bedrooms | $377K | $367.5K | -2.5% |
Summary: Rootstown Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 70.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
| Ravenna Township | $172K | $199.9K | +16.3% |
| Rootstown Township | $256.5K | $259K | +1.0% |
Housing Supply in Rootstown Township, OH
How many homes are available in Rootstown Township, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Summary: The Rootstown Township real estate market had 34 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 16 | 20 | +25.0% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Rootstown Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 4 | -66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rootstown Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Rootstown Township in September 2024, down by 66.7% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Rootstown Township, OH
How long does it take to sell a home in Rootstown Township, OH?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 15 Days | 19 Days | +23.4% |
Summary: Homes in Rootstown Township had an average of 19 days on market in Sep 2024, up by 23.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rootstown Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Rootstown Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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