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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Twinsburg is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Twinsburg, OH

How much do homes in Twinsburg, OH cost?

Median Sold Price

$310,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$8,500(-2.7%)

Key Takeaway

Homes in Twinsburg have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Twinsburg was $310,000 in September 2024, down 2.7% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $87.7K$125K
+42.5%
2 $224.4K$202K
-10.0%
3 $276K$280K
+1.4%
4 $431K$447K
+3.7%
5+ $557.4K$514.2K
-7.7%

Summary: Twinsburg housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.5%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 7.7%.

Median Sold Price Compared To Nearby Cities

Macedonia
+6.9%
Reminderville
-1.5%
Twinsburg Township
-2.0%
Twinsburg
-2.7%

Housing Supply in Twinsburg, OH

How many homes are available in Twinsburg, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6261-1.6%

Summary: The Twinsburg real estate market had 61 homes for sale in September 2024, a 1.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 3228
-12.5%
4 1819
+5.6%
5+ 13
+200.0%

Summary: The Twinsburg housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2418-25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Twinsburg, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Twinsburg in September 2024, down by 25.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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

Sep 2023Sep 2024CHANGE
74 Days24 Days-66.9%

Summary: Homes in Twinsburg had an average of 24 days on market in Sep 2024, down by 66.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 18 homes were sold in Twinsburg; 61% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

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