Is Smith Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Smith Township has remained a Seller's Market.
Key Takeaway
Smith Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Smith Township, OH cost?
Median Sold Price
$147,500
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$17,500(+13.5%)
Key Takeaway
Homes in Smith Township have sold for 13.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $85K | $75K | -11.8% |
| 3 Bedrooms | $176K | $175K | -0.6% |
| 4 Bedrooms | $130K | $140K | +7.7% |
| 5+ Bedrooms | $115K | - | N/A |
Median Sold Price Compared To Nearby Cities
| Sebring | $98K | $116.7K | +19.1% |
| Smith Township | $130K | $147.5K | +13.5% |
| Alliance | $112K | $125.3K | +11.9% |
How many homes are available in Smith Township, OH?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 5 | 6 | +20.0% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Smith Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
How long does it take to sell a home in Smith Township, OH?
How long does it take to sell a home in Smith Township, OH?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 91 Days | 20 Days | -78.0% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Smith Township are selling fast, if you're buying plan to act quickly.
