Is Portage County, 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, Portage County has remained a Seller's Market.
Housing Prices in Portage County, OH
How much do homes in Portage County, OH cost?
Median Sold Price
$249,757
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Portage County was $249,757 in April 2024, up 6.2% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96.7K | $77.5K | -19.9% |
2 Bedrooms | $160K | $167K | +4.4% |
3 Bedrooms | $205.3K | $229.6K | +11.8% |
4 Bedrooms | $332.2K | $349.7K | +5.3% |
5+ Bedrooms | $315K | $345K | +9.5% |
Summary: Portage County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.9%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Counties
Mahoning County | $143.3K | $157.8K | +10.1% |
Stark County | $179.9K | $194.2K | +7.9% |
Portage County | $235.2K | $249.7K | +6.2% |
Summit County | $182.1K | $189.8K | +4.2% |
Geauga County | $330.2K | $340.8K | +3.2% |
Housing Supply in Portage County, OH
How many homes are available in Portage County, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
372 | 394 | +5.9% |
Summary: The Portage County real estate market had 394 homes for sale in April 2024, a 5.9% 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 | 37 | 38 | +2.7% |
3 Bedrooms | 220 | 222 | +0.9% |
4 Bedrooms | 91 | 110 | +20.9% |
5+ Bedrooms | 23 | 24 | +4.3% |
Summary: The Portage County 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 increased by 2.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 127 | +19.8% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
46 Homes Were Sold
Over Asking
Summary: A total of 127 homes were sold or pending in Portage County in April 2024, up by 19.8% month-over-month. Of the 126 sold homes, 44% were sold under asking, 19% were sold at asking, and 37% were sold over asking.
Days on Market for Portage County, OH
How long does it take to sell a home in Portage County, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 39 Days | +14.6% |
Summary: Homes in Portage County had an average of 39 days on market in Apr 2024, up by 14.6% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 127 homes were sold in Portage County; 59% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.