Is Coventry 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, Coventry Township has remained a Seller's Market.
Housing Prices in Coventry Township, OH
How much do homes in Coventry Township, OH cost?
Median Sold Price
$200,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Coventry Township was $200,000 in April 2024, up 13.3% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $80K | +14.3% |
2 Bedrooms | $150K | $155K | +3.3% |
3 Bedrooms | $180K | $214K | +18.9% |
4 Bedrooms | $230K | $205K | -10.9% |
5+ Bedrooms | $240K | $370K | +54.2% |
Summary: Coventry Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 18.9%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 54.2%.
Median Sold Price Compared To Nearby Cities
Coventry Township | $176.5K | $200K | +13.3% |
Barberton | $135K | $150K | +11.1% |
Springfield Township | $165.8K | $179.9K | +8.5% |
Akron | $128K | $130K | +1.5% |
Green | $299.2K | $285K | -4.8% |
Housing Supply in Coventry Township, OH
How many homes are available in Coventry Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 44 | +46.7% |
Summary: The Coventry Township real estate market had 44 homes for sale in April 2024, a 46.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 11 | 18 | +63.6% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Coventry Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 63.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 11 | +57.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Coventry Township in April 2024, up by 57.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Coventry Township, OH
How long does it take to sell a home in Coventry Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 71 Days | +258.3% |
Summary: Homes in Coventry Township had an average of 71 days on market in Apr 2024, up by 258.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Coventry Township; 36% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.