Is Saybrook Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Saybrook Township was a Seller's Market.
Key Takeaway
Saybrook Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Saybrook Township, OH
How much do homes in Saybrook Township, OH cost?
Median Sold Price
$180,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Saybrook Township have sold for 24.1% more than they did a year ago.
Summary: The median home sold price in Saybrook Township was $180,000 in April 2024, up 24.1% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122K | $120K | -1.6% |
| 2 Bedrooms | $125.5K | $156.5K | +24.7% |
| 3 Bedrooms | $159K | $178K | +11.9% |
| 4 Bedrooms | $204.9K | $195K | -4.9% |
| 5+ Bedrooms | $188.2K | $330K | +75.3% |
Summary: Saybrook Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 75.3%.
Median Sold Price Compared To Nearby Cities
| Saybrook Township | $145K | $180K | +24.1% |
| Plymouth Township | $166.5K | $195.1K | +17.2% |
| Ashtabula | $130K | $140K | +7.7% |
| Ashtabula Township | $130K | $140K | +7.7% |
Housing Supply in Saybrook Township, OH
How many homes are available in Saybrook Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 49 | +28.9% |
Summary: The Saybrook Township real estate market had 49 homes for sale in April 2024, a 28.9% 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 | 4 | 6 | +50.0% |
| 3 Bedrooms | 23 | 28 | +21.7% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Saybrook Township 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 increased by 50%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saybrook Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Saybrook Township in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Saybrook Township, OH
How long does it take to sell a home in Saybrook Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 66 Days | +560.0% |
Summary: Homes in Saybrook Township had an average of 66 days on market in Apr 2024, up by 560% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saybrook Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Saybrook Township; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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