Is Wallhaven, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wallhaven has remained a Seller's Market.
Key Takeaway
Wallhaven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wallhaven, OH
How much do homes in Wallhaven, OH cost?
Median Sold Price
$190,500
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wallhaven have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in Wallhaven was $190,500 in April 2024, up 14.8% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $124K | $152.5K | +23.0% |
| 3 Bedrooms | $180K | $199.9K | +11.1% |
| 4 Bedrooms | $225K | $220K | -2.2% |
| 5+ Bedrooms | $317.5K | $237K | -25.4% |
Summary: Wallhaven housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 25.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Wallhaven | $166K | $190.5K | +14.8% |
| West Akron | $105.5K | $118K | +11.8% |
| Northwest Akron | $225K | $235K | +4.4% |
| Highland Square | $134.9K | $140K | +3.8% |
| Fairlawn Heights | $330K | $330K | 0.0% |
Housing Supply in Wallhaven, OH
How many homes are available in Wallhaven, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Summary: The Wallhaven real estate market had 10 homes for sale in April 2024, a 66.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Wallhaven housing inventory by bedroom type for April 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 100%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wallhaven, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Wallhaven in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Wallhaven, OH
How long does it take to sell a home in Wallhaven, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 52 Days | +45.7% |
Summary: Homes in Wallhaven had an average of 52 days on market in Apr 2024, up by 45.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wallhaven has remained consistent over time.
Summary: During April 2024, 4 homes were sold in Wallhaven; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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