Is Nimishillen 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, Nimishillen Township has remained a Seller's Market.
Key Takeaway
Nimishillen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nimishillen Township, OH
How much do homes in Nimishillen Township, OH cost?
Median Sold Price
$225,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Nimishillen Township have sold for 23.6% more than they did a year ago.
Summary: The median home sold price in Nimishillen Township was $225,000 in April 2024, up 23.6% 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 | - | - | N/A |
| 2 Bedrooms | $152K | $127K | -16.4% |
| 3 Bedrooms | $190K | $224.5K | +18.2% |
| 4 Bedrooms | $215K | $269K | +25.1% |
| 5+ Bedrooms | - | $475K | N/A |
Summary: Nimishillen 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 decreased by 16.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Washington Township | $169K | $215.5K | +27.5% |
| Nimishillen Township | $182K | $225K | +23.6% |
| Louisville | $190K | $225K | +18.4% |
| Canton | $148.5K | $152.9K | +2.9% |
Housing Supply in Nimishillen Township, OH
How many homes are available in Nimishillen Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The Nimishillen Township real estate market had 20 homes for sale in April 2024, a 4.8% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nimishillen 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nimishillen Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Nimishillen Township in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Nimishillen Township, OH
How long does it take to sell a home in Nimishillen Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 35 Days | +5.0% |
Summary: Homes in Nimishillen Township had an average of 35 days on market in Apr 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Nimishillen Township has remained consistent over time.
Summary: During April 2024, 10 homes were sold in Nimishillen Township; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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