Is Twinsburg, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Twinsburg has remained a Seller's Market.
Housing Prices in Twinsburg, OH
How much do homes in Twinsburg, OH cost?
Median Sold Price
$318,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Twinsburg was $318,500 in February 2024, up 4.8% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85.2K | $90K | +5.6% |
2 Bedrooms | $207K | $240K | +15.9% |
3 Bedrooms | $264K | $275.5K | +4.4% |
4 Bedrooms | $400K | $441K | +10.3% |
5+ Bedrooms | $500.5K | $637.5K | +27.4% |
Summary: Twinsburg housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 27.4%.
Median Sold Price Compared To Nearby Cities
Twinsburg | $304K | $318.5K | +4.8% |
Twinsburg Township | $318.8K | $330K | +3.5% |
Macedonia | $295K | $299K | +1.4% |
Reminderville | $327.5K | $317.5K | -3.1% |
Housing Supply in Twinsburg, OH
How many homes are available in Twinsburg, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
41 | 31 | -24.4% |
Summary: The Twinsburg real estate market had 31 homes for sale in February 2024, a 24.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 21 | 17 | -19.0% |
4 Bedrooms | 12 | 8 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Twinsburg 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 decreased by 28.6%, 3 bedroom homes decreased by 19%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
18 | 10 | -44.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Twinsburg in February 2024, down by 44.4% month-over-month. Of the 10 sold homes, 10% were sold under asking, 50% were sold at asking, and 40% were sold over asking.
Days on Market for Twinsburg, OH
How long does it take to sell a home in Twinsburg, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
60 Days | 26 Days | -55.6% |
Summary: Homes in Twinsburg had an average of 26 days on market in Feb 2024, down by 55.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 10 homes were sold in Twinsburg; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.