Is Stokes 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, Stokes Township has remained a Seller's Market.
Housing Prices in Stokes Township, OH
How much do homes in Stokes Township, OH cost?
Median Sold Price
$307,500
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Stokes Township was $307,500 in May 2024, up 28.1% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $116.1K | - | N/A |
2 Bedrooms | $157K | $235K | +49.7% |
3 Bedrooms | $327.5K | $295K | -9.9% |
4 Bedrooms | $532.5K | $750K | +40.8% |
5+ Bedrooms | $240K | - | N/A |
Summary: Stokes 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 49.7%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 40.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lakeview | $174.5K | $225K | +28.9% |
Stokes Township | $240K | $307.5K | +28.1% |
Housing Supply in Stokes Township, OH
How many homes are available in Stokes Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 14 | -22.2% |
Summary: The Stokes Township real estate market had 14 homes for sale in May 2024, a 22.2% 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 | 5 | 4 | -20.0% |
3 Bedrooms | 10 | 7 | -30.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stokes 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 20%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Stokes Township in May 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Stokes Township, OH
How long does it take to sell a home in Stokes Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
64 Days | 75 Days | +17.0% |
Summary: Homes in Stokes Township had an average of 75 days on market in May 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Stokes Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.