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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Twinsburg Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Twinsburg Township, OH

How much do homes in Twinsburg Township, OH cost?

Median Sold Price

$329,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$4,500(+1.4%)

Key Takeaway

Homes in Twinsburg Township have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Twinsburg Township was $329,000 in May 2024, up 1.4% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $85.5K$107.5K
+25.7%
2 $224.4K$240K
+7.0%
3 $266.5K$280K
+5.1%
4 $437K$442.5K
+1.3%
5+ $522.5K$646.2K
+23.7%

Summary: Twinsburg Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 23.7%.

Median Sold Price Compared To Nearby Cities

Aurora
+6.9%
Twinsburg
+1.9%
Twinsburg Township
+1.4%
Macedonia
-2.1%
Reminderville
-4.6%

Housing Supply in Twinsburg Township, OH

How many homes are available in Twinsburg Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5158+13.7%

Summary: The Twinsburg Township real estate market had 58 homes for sale in May 2024, a 13.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1111
0.0%
3 1722
+29.4%
4 1817
-5.6%
5+ 47
+75.0%

Summary: The Twinsburg Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 29.4%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1525+66.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Twinsburg Township, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Twinsburg Township in May 2024, up by 66.7% month-over-month. Of the 24 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% 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

May 2023May 2024CHANGE
26 Days23 Days-10.3%

Summary: Homes in Twinsburg Township had an average of 23 days on market in May 2024, down by 10.3% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 25 homes were sold in Twinsburg Township; 80% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 8% 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 18 Days Ago

Newest Listings in Twinsburg Township, OH

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