Is Newton 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, Newton Township has remained a Seller's Market.
Housing Prices in Newton Township, OH
How much do homes in Newton Township, OH cost?
Median Sold Price
$145,000
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Newton Township was $145,000 in May 2024, up 5.1% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $41K | $82.5K | +101.2% |
2 Bedrooms | $108.3K | $125.7K | +16.0% |
3 Bedrooms | $140K | $156.3K | +11.6% |
4 Bedrooms | $127K | $135K | +6.3% |
5+ Bedrooms | - | $188.7K | N/A |
Summary: Newton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 101.2%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Paris Township | $156.9K | $225K | +43.4% |
Newton Township | $138K | $145K | +5.1% |
Milton Township | $214K | $224K | +4.7% |
Newton Falls | $139.5K | $145K | +3.9% |
Housing Supply in Newton Township, OH
How many homes are available in Newton Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Summary: The Newton Township real estate market had 18 homes for sale in May 2024, a 5.3% 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 | 13 | 12 | -7.7% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Newton 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 7.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Newton Township in May 2024, up by 125.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Newton Township, OH
How long does it take to sell a home in Newton Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 19 Days | -35.0% |
Summary: Homes in Newton Township had an average of 19 days on market in May 2024, down by 35% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Newton Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.