Is Austintown 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, Austintown Township has remained a Seller's Market.
Key Takeaway
Austintown Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Austintown Township, OH
How much do homes in Austintown Township, OH cost?
Median Sold Price
$172,666
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Austintown Township have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Austintown Township was $172,666 in May 2024, up 11.4% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $110K | N/A |
| 2 Bedrooms | $122.7K | $123K | 0.2% |
| 3 Bedrooms | $153K | $176K | +15.0% |
| 4 Bedrooms | $185K | $190K | +2.7% |
| 5+ Bedrooms | $198K | $150K | -24.2% |
Summary: Austintown Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 24.2%.
Median Sold Price Compared To Nearby Cities
| Mc Donald | $118K | $144.7K | +22.7% |
| Weathersfield Township | $110K | $131.4K | +19.5% |
| Austintown Township | $155K | $172.6K | +11.4% |
| Mineral Ridge | $183.5K | $191K | +4.1% |
| Jackson Township | $222.5K | $182.4K | -18.0% |
Housing Supply in Austintown Township, OH
How many homes are available in Austintown Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 98 | 111 | +13.3% |
Summary: The Austintown Township real estate market had 111 homes for sale in May 2024, a 13.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 59 | 73 | +23.7% |
| 4 Bedrooms | 21 | 20 | -4.8% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Austintown Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 36 | +38.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Austintown Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Austintown Township in May 2024, up by 38.5% month-over-month. Of the 36 sold homes, 44% were sold under asking, 25% were sold at asking, and 31% were sold over asking.
Days on Market for Austintown Township, OH
How long does it take to sell a home in Austintown Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 46 Days | +73.0% |
Summary: Homes in Austintown Township had an average of 46 days on market in May 2024, up by 73% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Austintown Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 36 homes were sold in Austintown Township; 53% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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