Is Twinsburg, 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, Twinsburg has remained a Seller's Market.
Key Takeaway
Twinsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Twinsburg, OH
How much do homes in Twinsburg, OH cost?
Median Sold Price
$329,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Twinsburg have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Twinsburg was $329,000 in April 2024, up 9.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85.2K | $90K | +5.6% |
| 2 Bedrooms | $216.9K | $240K | +10.6% |
| 3 Bedrooms | $261.5K | $279K | +6.7% |
| 4 Bedrooms | $405K | $441.7K | +9.1% |
| 5+ Bedrooms | $500.5K | $656.2K | +31.1% |
Summary: Twinsburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 31.1%.
Median Sold Price Compared To Nearby Cities
| Twinsburg | $300.6K | $329K | +9.4% |
| Reminderville | $325K | $350K | +7.7% |
| Twinsburg Township | $313.4K | $335K | +6.9% |
| Macedonia | $305.9K | $300K | -1.9% |
Housing Supply in Twinsburg, OH
How many homes are available in Twinsburg, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 42 | +5.0% |
Summary: The Twinsburg real estate market had 42 homes for sale in April 2024, a 5.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Twinsburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twinsburg, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Twinsburg in April 2024, up by 40.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.
Days on Market for Twinsburg, OH
How long does it take to sell a home in Twinsburg, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 32 Days | +80.7% |
Summary: Homes in Twinsburg had an average of 32 days on market in Apr 2024, up by 80.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Twinsburg are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Twinsburg; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% 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.