Is Twinsburg Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$328,500
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Twinsburg Township have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Twinsburg Township was $328,500 in June 2024, down 1.4% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85.5K | $107.5K | +25.7% |
| 2 Bedrooms | $226.5K | $240K | +6.0% |
| 3 Bedrooms | $264.5K | $280K | +5.9% |
| 4 Bedrooms | $440K | $444.7K | +1.1% |
| 5+ Bedrooms | $535K | $590K | +10.3% |
Summary: Twinsburg Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 10.3%.
Housing Supply in Twinsburg Township, OH
How many homes are available in Twinsburg Township, OH?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 66 | 68 | +3.0% |
Summary: The Twinsburg Township real estate market had 68 homes for sale in June 2024, a 3.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 24 | 32 | +33.3% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Twinsburg Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twinsburg Township, you could pay more than the asking price. 76.2% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Twinsburg Township in June 2024, down by 22.2% month-over-month. Of the 21 sold homes, 14% were sold under asking, 10% were sold at asking, and 76% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 18 Days | 29 Days | +60.3% |
Summary: Homes in Twinsburg Township had an average of 29 days on market in Jun 2024, up by 60.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Twinsburg Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 21 homes were sold in Twinsburg Township; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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