Is Wadsworth, 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, Wadsworth has remained a Seller's Market.
Housing Prices in Wadsworth, OH
How much do homes in Wadsworth, OH cost?
Median Sold Price
$278,933
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wadsworth was $278,933 in April 2024, up 10.1% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99.9K | - | N/A |
2 Bedrooms | $182.4K | $175K | -4.1% |
3 Bedrooms | $230K | $257K | +11.7% |
4 Bedrooms | $348K | $361K | +3.7% |
5+ Bedrooms | $480K | $456.5K | -4.9% |
Summary: Wadsworth 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 4.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 4.9%.
Median Sold Price Compared To Nearby Cities
Sharon Township | $462.5K | $567K | +22.6% |
Wadsworth | $253.2K | $278.9K | +10.1% |
Wadsworth Township | $254.6K | $278.9K | +9.5% |
Norton | $247.1K | $239.9K | -2.9% |
Housing Supply in Wadsworth, OH
How many homes are available in Wadsworth, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 78 | +8.3% |
Summary: The Wadsworth real estate market had 78 homes for sale in April 2024, a 8.3% 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 | 6 | 4 | -33.3% |
3 Bedrooms | 34 | 34 | 0.0% |
4 Bedrooms | 23 | 33 | +43.5% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Wadsworth 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 43.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 20 | -35.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Wadsworth in April 2024, down by 35.5% month-over-month. Of the 20 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for Wadsworth, OH
How long does it take to sell a home in Wadsworth, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 20 Days | -40.4% |
Summary: Homes in Wadsworth had an average of 20 days on market in Apr 2024, down by 40.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Wadsworth; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.