Is Poland Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Poland Township was a Seller's Market.
Key Takeaway
Poland Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Poland Township, OH
How much do homes in Poland Township, OH cost?
Median Sold Price
$250,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Poland Township have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Poland Township was $250,000 in April 2024, up 9.2% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $234K | $234K | 0.0% |
| 3 Bedrooms | $214K | $225K | +5.1% |
| 4 Bedrooms | $315K | $370K | +17.5% |
| 5+ Bedrooms | $233.3K | $432.5K | +85.3% |
Summary: Poland 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 did not change, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 85.3%.
Median Sold Price Compared To Nearby Cities
| Struthers | $114K | $128.7K | +12.9% |
| Poland | $177K | $195K | +10.2% |
| Poland Township | $229K | $250K | +9.2% |
| Boardman Township | $165K | $176K | +6.7% |
Housing Supply in Poland Township, OH
How many homes are available in Poland Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 50 | +4.2% |
Summary: The Poland Township real estate market had 50 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Poland 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 increased by 4.8%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Poland Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Poland Township in April 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Poland Township, OH
How long does it take to sell a home in Poland Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 79 Days | +194.1% |
Summary: Homes in Poland Township had an average of 79 days on market in Apr 2024, up by 194.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Poland Township has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Poland Township; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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