Is Twinsburg Township, 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 Township has remained a Seller's Market.
Housing Prices in Twinsburg Township, OH
How much do homes in Twinsburg Township, OH cost?
Median Sold Price
$330,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Twinsburg Township was $330,000 in February 2024, up 3.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85.2K | $90K | +5.6% |
2 Bedrooms | $207K | $245K | +18.4% |
3 Bedrooms | $267K | $279K | +4.5% |
4 Bedrooms | $412K | $449.2K | +9.0% |
5+ Bedrooms | $500.5K | $613.7K | +22.6% |
Summary: Twinsburg Township 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 18.4%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 22.6%.
Housing Supply in Twinsburg Township, OH
How many homes are available in Twinsburg Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
46 | 35 | -23.9% |
Summary: The Twinsburg Township real estate market had 35 homes for sale in February 2024, a 23.9% 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 | 25 | 19 | -24.0% |
4 Bedrooms | 13 | 9 | -30.8% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Twinsburg 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 decreased by 28.6%, 3 bedroom homes decreased by 24%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
20 | 13 | -35.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Twinsburg Township in February 2024, down by 35.0% month-over-month. Of the 13 sold homes, 15% were sold under asking, 46% were sold at asking, and 38% were sold over asking.
Days on Market for Twinsburg Township, OH
How long does it take to sell a home in Twinsburg Township, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
57 Days | 29 Days | -48.1% |
Summary: Homes in Twinsburg Township had an average of 29 days on market in Feb 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 13 homes were sold in Twinsburg Township; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.