Is Massillon, 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, Massillon has remained a Seller's Market.
Key Takeaway
Massillon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Massillon, OH
How much do homes in Massillon, OH cost?
Median Sold Price
$189,770
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Massillon have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Massillon was $189,770 in April 2024, up 8.4% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.5K | $60K | -31.4% |
| 2 Bedrooms | $117.7K | $128K | +8.7% |
| 3 Bedrooms | $170K | $186.2K | +9.6% |
| 4 Bedrooms | $266.2K | $279.9K | +5.1% |
| 5+ Bedrooms | $290K | $310K | +6.9% |
Summary: Massillon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
| Tuscarawas Township | $178K | $202.5K | +13.8% |
| Perry Township | $177.1K | $197.9K | +11.7% |
| Massillon | $175K | $189.7K | +8.4% |
| Navarre | $177.2K | $161.5K | -8.9% |
Housing Supply in Massillon, OH
How many homes are available in Massillon, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 162 | 191 | +17.9% |
Summary: The Massillon real estate market had 191 homes for sale in April 2024, a 17.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 24 | 26 | +8.3% |
| 3 Bedrooms | 94 | 110 | +17.0% |
| 4 Bedrooms | 37 | 41 | +10.8% |
| 5+ Bedrooms | 6 | 12 | +100.0% |
Summary: The Massillon 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 8.3%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 62 | +17.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Massillon, you may be able to get a good deal. 40.3% of homes here sold below asking price last month.
Summary: A total of 62 homes were sold or pending in Massillon in April 2024, up by 17.0% month-over-month. Of the 62 sold homes, 40% were sold under asking, 23% were sold at asking, and 37% were sold over asking.
Days on Market for Massillon, OH
How long does it take to sell a home in Massillon, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 24 Days | +6.0% |
Summary: Homes in Massillon had an average of 24 days on market in Apr 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Massillon are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 62 homes were sold in Massillon; 66% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.