Is Poland 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, Poland Township has remained a Seller's Market.
Key Takeaway
Poland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Poland Township, OH
How much do homes in Poland Township, OH cost?
Median Sold Price
$243,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Poland Township have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Poland Township was $243,000 in May 2024, up 5.7% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $33K | N/A |
| 2 Bedrooms | $234K | $216.5K | -7.5% |
| 3 Bedrooms | $215K | $224.5K | +4.4% |
| 4 Bedrooms | $315.2K | $370K | +17.4% |
| 5+ Bedrooms | $225K | $466.2K | +107.2% |
Summary: Poland 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 decreased by 7.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 107.2%.
Median Sold Price Compared To Nearby Cities
| Struthers | $114.2K | $132K | +15.5% |
| Boardman Township | $165K | $176.3K | +6.8% |
| Poland Township | $230K | $243K | +5.7% |
| Poland | $179.9K | $179.9K | 0.0% |
Housing Supply in Poland Township, OH
How many homes are available in Poland Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 66 | +24.5% |
Summary: The Poland Township real estate market had 66 homes for sale in May 2024, a 24.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 22 | 28 | +27.3% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Poland Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 20 | +233.3% |
Asking Price vs. Sold Price
10 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 Poland Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Poland Township in May 2024, up by 233.3% month-over-month. Of the 20 sold homes, 50% were sold under asking, 15% were sold at asking, and 35% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 24 Days | -58.4% |
Summary: Homes in Poland Township had an average of 24 days on market in May 2024, down by 58.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Poland Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 20 homes were sold in Poland Township; 55% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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