Is Copley Township, 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, Copley Township has remained a Seller's Market.
Housing Prices in Copley Township, OH
How much do homes in Copley Township, OH cost?
Median Sold Price
$320,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Copley Township was $320,000 in April 2024, up 11.3% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $138K | $181K | +31.2% |
3 Bedrooms | $244.5K | $271.7K | +11.1% |
4 Bedrooms | $429K | $421.5K | -1.7% |
5+ Bedrooms | $471.4K | $620.5K | +31.6% |
Summary: Copley Township 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 31.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 31.6%.
Median Sold Price Compared To Nearby Cities
Copley Township | $287.3K | $320K | +11.3% |
Bath Township | $457K | $476.7K | +4.3% |
Akron | $128K | $130K | +1.5% |
Norton | $247.1K | $239.9K | -2.9% |
Fairlawn | $285K | $270K | -5.3% |
Housing Supply in Copley Township, OH
How many homes are available in Copley Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 46 | +4.5% |
Summary: The Copley Township real estate market had 46 homes for sale in April 2024, a 4.5% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 22 | 20 | -9.1% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Copley Township 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 increased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 16 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Copley Township in April 2024, up by 100.0% month-over-month. Of the 16 sold homes, 44% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for Copley Township, OH
How long does it take to sell a home in Copley Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 31 Days | -14.1% |
Summary: Homes in Copley Township had an average of 31 days on market in Apr 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Copley Township; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.