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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stokes Township is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Stokes Township has remained a Buyer's Market.

Key Takeaway

Stokes Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stokes Township, OH

How much do homes in Stokes Township, OH cost?

Median Sold Price

$277,500

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$22,500(+8.8%)

Key Takeaway

Homes in Stokes Township have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Stokes Township was $277,500 in February 2024, up 8.8% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $109K$125K
+14.6%
2 $153K$158K
+3.3%
3 $262K$330K
+26.0%
4 $327.5K$713.5K
+117.9%
5+ $602.2K$240K
-60.1%

Summary: Stokes Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 26%, 4 bedroom homes increased by 117.9%, and 5+ bedroom homes decreased by 60.1%.

Housing Supply in Stokes Township, OH

How many homes are available in Stokes Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1621+31.3%

Summary: The Stokes Township real estate market had 21 homes for sale in February 2024, a 31.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 33
0.0%
2 48
+100.0%
3 68
+33.3%
4 32
-33.3%
5+ 00
0.0%

Summary: The Stokes 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stokes Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Stokes Township in February 2024, down by 50.0% month-over-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 Stokes Township, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
20 Days94 Days+358.5%

Summary: Homes in Stokes Township had an average of 94 days on market in Feb 2024, up by 358.5% 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Stokes Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 1 homes were sold in Stokes 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.

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 Stokes Township, OH

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