Is Boardman 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, Boardman Township has remained a Seller's Market.
Housing Prices in Boardman Township, OH
How much do homes in Boardman Township, OH cost?
Median Sold Price
$176,312
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Boardman Township was $176,312 in May 2024, up 6.8% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $81K | $75.9K | -6.2% |
2 Bedrooms | $116.5K | $135.5K | +16.3% |
3 Bedrooms | $164.3K | $169.9K | +3.4% |
4 Bedrooms | $235K | $266.7K | +13.5% |
5+ Bedrooms | $242.3K | $278.7K | +15.0% |
Summary: Boardman Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
Struthers | $114.2K | $132K | +15.5% |
Youngstown | $134.9K | $149K | +10.5% |
Boardman Township | $165K | $176.3K | +6.8% |
Poland Township | $230K | $243K | +5.7% |
Poland | $179.9K | $179.9K | 0.0% |
Housing Supply in Boardman Township, OH
How many homes are available in Boardman Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
154 | 144 | -6.5% |
Summary: The Boardman Township real estate market had 144 homes for sale in May 2024, a 6.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 34 | 31 | -8.8% |
3 Bedrooms | 79 | 70 | -11.4% |
4 Bedrooms | 33 | 38 | +15.2% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Boardman 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 decreased by 8.8%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 39 | -26.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Boardman Township in May 2024, down by 26.4% month-over-month. Of the 39 sold homes, 28% were sold under asking, 36% were sold at asking, and 36% were sold over asking.
Days on Market for Boardman Township, OH
How long does it take to sell a home in Boardman Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
45 Days | 33 Days | -25.2% |
Summary: Homes in Boardman Township had an average of 33 days on market in May 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 39 homes were sold in Boardman Township; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.