Is Stark County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Stark County has remained a Seller's Market.
Key Takeaway
Stark County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stark County, OH
How much do homes in Stark County, OH cost?
Median Sold Price
$192,281
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Stark County have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Stark County was $192,281 in March 2024, up 7.1% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $84.9K | $53.9K | -36.5% |
| 2 Bedrooms | $122.1K | $133.7K | +9.5% |
| 3 Bedrooms | $170K | $182.4K | +7.3% |
| 4 Bedrooms | $250.3K | $270.1K | +7.9% |
| 5+ Bedrooms | $302.5K | $300K | -0.8% |
Summary: Stark County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.5%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Counties
| Tuscarawas County | $176.8K | $194.5K | +10.0% |
| Portage County | $231.2K | $249.6K | +7.9% |
| Carroll County | $186.3K | $199.7K | +7.2% |
| Stark County | $179.5K | $192.2K | +7.1% |
| Summit County | $180.2K | $188.8K | +4.8% |
Housing Supply in Stark County, OH
How many homes are available in Stark County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 992 | 1,005 | +1.3% |
Summary: The Stark County real estate market had 1,005 homes for sale in March 2024, a 1.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 159 | 150 | -5.7% |
| 3 Bedrooms | 524 | 551 | +5.2% |
| 4 Bedrooms | 241 | 236 | -2.1% |
| 5+ Bedrooms | 64 | 63 | -1.6% |
Summary: The Stark County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 1.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 321 | 312 | -2.8% |
Asking Price vs. Sold Price
137 Homes Were Sold
Under Asking
59 Homes Were Sold
At Asking
110 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stark County, you may be able to get a good deal. 44.8% of homes here sold below asking price last month.
Summary: A total of 312 homes were sold or pending in Stark County in March 2024, down by 2.8% month-over-month. Of the 306 sold homes, 45% were sold under asking, 19% were sold at asking, and 36% were sold over asking.
Days on Market for Stark County, OH
How long does it take to sell a home in Stark County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 34 Days | -1.2% |
Summary: Homes in Stark County had an average of 34 days on market in Mar 2024, down by 1.2% compared to last year.
Breakdown of Home Sale Times
191 Homes Were Sold
Under 30 Days
87 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stark County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 312 homes were sold in Stark County; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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