Is Plain 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, Plain Township has remained a Seller's Market.
Housing Prices in Plain Township, OH
How much do homes in Plain Township, OH cost?
Median Sold Price
$230,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Plain Township was $230,000 in May 2024, up 2% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $69K | +6.2% |
2 Bedrooms | $155.4K | $185K | +19.0% |
3 Bedrooms | $200.5K | $205K | +2.2% |
4 Bedrooms | $292.8K | $295K | +0.7% |
5+ Bedrooms | $365K | $297.9K | -18.4% |
Summary: Plain Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 18.4%.
Median Sold Price Compared To Nearby Cities
North Canton | $255.5K | $275K | +7.6% |
Canton | $147.4K | $153K | +3.8% |
Plain Township | $225.5K | $230K | +2.0% |
Housing Supply in Plain Township, OH
How many homes are available in Plain Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
150 | 174 | +16.0% |
Summary: The Plain Township real estate market had 174 homes for sale in May 2024, a 16.0% increase 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 | 19 | 18 | -5.3% |
3 Bedrooms | 72 | 97 | +34.7% |
4 Bedrooms | 50 | 45 | -10.0% |
5+ Bedrooms | 9 | 14 | +55.6% |
Summary: The Plain 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 5.3%, 3 bedroom homes increased by 34.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 48 | -9.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Plain Township in May 2024, down by 9.4% month-over-month. Of the 45 sold homes, 27% were sold under asking, 27% were sold at asking, and 47% were sold over asking.
Days on Market for Plain Township, OH
How long does it take to sell a home in Plain Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 26 Days | +29.8% |
Summary: Homes in Plain Township had an average of 26 days on market in May 2024, up by 29.8% compared to last year.
Breakdown of Home Sale Times
33 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, 48 homes were sold in Plain Township; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.