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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharon Township is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Sharon Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Sharon Township, OH

How much do homes in Sharon Township, OH cost?

Median Sold Price

$572,500

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$117,600(+25.9%)

Key Takeaway

Homes in Sharon Township have sold for 25.9% more than they did a year ago.

Summary: The median home sold price in Sharon Township was $572,500 in February 2024, up 25.9% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $222.6K-
N/A
3 $387.5K$425K
+9.7%
4 $483K$650K
+34.6%
5+ $810K$900K
+11.1%

Summary: Sharon 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 did not change, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Cities

Sharon Township
+25.9%
Wadsworth
+6.5%
Wadsworth Township
+5.4%
Copley Township
+5.1%

Housing Supply in Sharon Township, OH

How many homes are available in Sharon Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1213+8.3%

Summary: The Sharon Township real estate market had 13 homes for sale in February 2024, a 8.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 67
+16.7%
5+ 32
-33.3%

Summary: The Sharon 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharon Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sharon Township in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Sharon Township, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
10 Days42 Days+326.7%

Summary: Homes in Sharon Township had an average of 42 days on market in Feb 2024, up by 326.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sharon Township has remained consistent over time.

Summary: During February 2024, 3 homes were sold in Sharon Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in Sharon Township, OH

Nearby Markets to Sharon Township, OH

What housing markets are near Sharon Township, OH?