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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaver Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Beaver Township, OH

How much do homes in Beaver Township, OH cost?

Median Sold Price

$255,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$1,000(+0.4%)

Key Takeaway

The sold price of homes in Beaver Township has remained the same since last year.

Summary: The median home sold price in Beaver Township was $255,000 in May 2024, up 0.4% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $175K$200K
+14.3%
3 $232K$270K
+16.4%
4 $415K$320K
-22.9%
5+ $400K$475K
+18.8%

Summary: Beaver Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes increased by 18.8%.

Median Sold Price Compared To Nearby Cities

Beaver Township
0.4%
Fairfield Township
0.2%
Columbiana
-5.1%

Housing Supply in Beaver Township, OH

How many homes are available in Beaver Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3130-3.2%

Summary: The Beaver Township real estate market had 30 homes for sale in May 2024, a 3.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 1616
0.0%
4 78
+14.3%
5+ 11
0.0%

Summary: The Beaver 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 decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaver Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Beaver Township in May 2024, down by 40.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Beaver Township, OH

How long does it take to sell a home in Beaver Township, OH?

Average Sale Time

May 2023May 2024CHANGE
167 Days54 Days-67.2%

Summary: Homes in Beaver Township had an average of 54 days on market in May 2024, down by 67.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in Beaver Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

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