Is Randolph 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, Randolph Township has remained a Seller's Market.
Housing Prices in Randolph Township, OH
How much do homes in Randolph Township, OH cost?
Median Sold Price
$310,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Randolph Township was $310,000 in May 2024, up 15.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $289.5K | $401.9K | +38.8% |
3 Bedrooms | $263K | $274.9K | +4.5% |
4 Bedrooms | $332.5K | $335K | +0.8% |
5+ Bedrooms | $211K | $340K | +61.1% |
Summary: Randolph 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 38.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 61.1%.
Median Sold Price Compared To Nearby Cities
Mogadore | $205K | $241K | +17.6% |
Randolph Township | $267.5K | $310K | +15.9% |
Atwater | $265K | $272.9K | +3.0% |
Rootstown Township | $257.7K | $251K | -2.6% |
Rootstown | $236.7K | $202.5K | -14.5% |
Housing Supply in Randolph Township, OH
How many homes are available in Randolph Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Summary: The Randolph Township real estate market had 9 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Randolph 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Randolph Township in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Randolph Township, OH
How long does it take to sell a home in Randolph Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 26 Days | -39.1% |
Summary: Homes in Randolph Township had an average of 26 days on market in May 2024, down by 39.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Randolph Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.