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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boardman Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Boardman Township, OH

How much do homes in Boardman Township, OH cost?

Median Sold Price

$176,050

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,050(+6.7%)

Key Takeaway

Homes in Boardman Township have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Boardman Township was $176,050 in April 2024, up 6.7% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $81K$75.9K
-6.2%
2 $118K$129K
+9.3%
3 $163.5K$169.9K
+3.9%
4 $227.7K$268K
+17.7%
5+ $239K$278.7K
+16.6%

Summary: Boardman Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 16.6%.

Median Sold Price Compared To Nearby Cities

Struthers
+12.9%
Poland
+10.2%
Youngstown
+9.5%
Poland Township
+9.2%
Boardman Township
+6.7%

Housing Supply in Boardman Township, OH

How many homes are available in Boardman Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
149153+2.7%

Summary: The Boardman Township real estate market had 153 homes for sale in April 2024, a 2.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 3234
+6.3%
3 7376
+4.1%
4 3332
-3.0%
5+ 1011
+10.0%

Summary: The Boardman Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4452+18.2%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boardman Township, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.

Summary: A total of 52 homes were sold or pending in Boardman Township in April 2024, up by 18.2% month-over-month. Of the 52 sold homes, 42% were sold under asking, 17% were sold at asking, and 40% were sold over asking.

Days on Market for Boardman Township, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
42 Days46 Days+8.6%

Summary: Homes in Boardman Township had an average of 46 days on market in Apr 2024, up by 8.6% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 52 homes were sold in Boardman Township; 50% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 13% 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 Boardman Township, OH

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