Is Tallmadge, OH a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Tallmadge is a seller's market


Difference Since June 2023

Since last year, Tallmadge has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tallmadge, OH

How much do homes in Tallmadge, OH cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Tallmadge have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Tallmadge was $259,700 in June 2024, up 3.5% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
2 $224.9K$223K
3 $240K$250K
4 $310.5K$325K
5+ $356.5K$316K

Summary: Tallmadge housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 11.4%.

Median Sold Price Compared To Nearby Cities

Munroe Falls
Springfield Township
Brimfield Township

Housing Supply in Tallmadge, OH

How many homes are available in Tallmadge, OH?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Tallmadge real estate market had 64 homes for sale in June 2024, a 16.4% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
2 89
3 3437
4 1216
5+ 12

Summary: The Tallmadge housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tallmadge, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Tallmadge in June 2024, up by 77.8% month-over-month. Of the 16 sold homes, 31% were sold under asking, 19% were sold at asking, and 50% were sold over asking.

Days on Market for Tallmadge, OH

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

Average Sale Time

Jun 2023Jun 2024CHANGE
18 Days91 Days+403.1%

Summary: Homes in Tallmadge had an average of 91 days on market in Jun 2024, up by 403.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tallmadge are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 16 homes were sold in Tallmadge; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 6% 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 13 Days Ago

Newest Listings in Tallmadge, OH

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