Is Smith Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Smith Township was a Seller's Market.
Housing Prices in Smith Township, OH
How much do homes in Smith Township, OH cost?
Median Sold Price
$185,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Smith Township was $185,000 in February 2024, up 30.3% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $122.4K | $120K | -2.0% |
3 Bedrooms | $146K | $183.5K | +25.7% |
4 Bedrooms | $136.5K | $310K | +127.1% |
5+ Bedrooms | - | $107.5K | N/A |
Summary: Smith 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 decreased by 2%, 3 bedroom homes increased by 25.7%, 4 bedroom homes increased by 127.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Beloit | $150.5K | $211.9K | +40.8% |
Smith Township | $142K | $185K | +30.3% |
Alliance | $139.9K | $141.6K | +1.2% |
Sebring | $114K | $113.9K | 0% |
Housing Supply in Smith Township, OH
How many homes are available in Smith Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 16 | +45.5% |
Summary: The Smith Township real estate market had 16 homes for sale in February 2024, a 45.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Smith 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 increased by 300%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Smith Township in February 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Smith Township, OH
How long does it take to sell a home in Smith Township, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
28 Days | 129 Days | +360.7% |
Summary: Homes in Smith Township had an average of 129 days on market in Feb 2024, up by 360.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Smith Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.