Is Saybrook Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Saybrook Township has remained a Seller's Market.
Key Takeaway
Saybrook Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saybrook Township, OH
How much do homes in Saybrook Township, OH cost?
Median Sold Price
$182,500
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saybrook Township have sold for 24% more than they did a year ago.
Summary: The median home sold price in Saybrook Township was $182,500 in May 2024, up 24% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123.5K | $120K | -2.8% |
| 2 Bedrooms | $121K | $155K | +28.1% |
| 3 Bedrooms | $159K | $189.9K | +19.5% |
| 4 Bedrooms | $193.9K | $195.5K | +0.8% |
| 5+ Bedrooms | $188.2K | $258.5K | +37.3% |
Summary: Saybrook Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 28.1%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 37.3%.
Median Sold Price Compared To Nearby Cities
| Plymouth Township | $155K | $195.1K | +25.9% |
| Saybrook Township | $147.1K | $182.5K | +24.0% |
| Ashtabula Township | $129.9K | $140.5K | +8.1% |
| Ashtabula | $129.9K | $140.3K | +8.0% |
Housing Supply in Saybrook Township, OH
How many homes are available in Saybrook Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 49 | 49 | 0.0% |
Summary: The Saybrook Township real estate market had 49 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Saybrook Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 15 | +87.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saybrook Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Saybrook Township in May 2024, up by 87.5% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.
Days on Market for Saybrook Township, OH
How long does it take to sell a home in Saybrook Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 34 Days | 39 Days | +15.1% |
Summary: Homes in Saybrook Township had an average of 39 days on market in May 2024, up by 15.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Saybrook Township has remained consistent over time.
Summary: During May 2024, 15 homes were sold in Saybrook Township; 33% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.