
Current state of the Stark county Real Estate Market
As of January 2025, the Stark County, Ohio real estate market continues to exhibit robust growth, characterized by rising home prices and a competitive environment favoring sellers. Home Prices and Sales Trends The median home sold price in Stark County reached $212,649 in January 2025, marking an 11.8% increase from the previous year. This upward trajectory is further supported by data from Redfin, which reports a median sale price of $206,000 for the same period, reflecting an 18.3% year-over-year rise. Additionally, Zillow indicates that the average home value in the county stands at $197,538, up 7.7% over the past year. These figures collectively underscore a strong appreciation in property values across the region. Market Dynamics The current market conditions in Stark County favor sellers, with demand outpacing supply. In January 2025, 52.2% of homes sold below the asking price, suggesting that while buyers may find some negotiation opportunities, the market remains competitive. Homes are selling relatively quickly, with a median of 17 days to pending status, indicating swift transactions and high demand. The sale-to-list price ratio stands at 97.4%, reflecting that, on average, homes are selling very close to their listing prices. Inventory and Days on Market The inventory of homes for sale in Stark County experienced a slight increase, with 1,057 homes available in January 2025, a 1.0% rise from the previous month. Despite this modest growth in inventory, the market remains tight, contributing to the sustained upward pressure on home prices. The median days on market is approximately 24.55 days, indicating that properties are being sold relatively quickly. Price Per Square Foot The median price per square foot in Stark County was $126 in January 2025, reflecting the overall increase in home values. This metric provides insight into the cost buyers can expect relative to the size of the property, and its rise is consistent with the broader trend of appreciating home prices in the area. Conclusion The Stark County real estate market in January 2025 is characterized by rising home prices, quick sales, and a competitive atmosphere favoring sellers. Buyers should be prepared for a dynamic market, while sellers can capitalize on the favorable conditions. As always, engaging with local real estate professionals can provide tailored insights and guidance suited to individual circumstances.
Read More
Discover Your Dream Home
: Charming 3-Bedroom Cape Cod in Plain LSD! Looking for a cozy and inviting home that's move-in ready? Look no further than this delightful 3-bedroom, 2-bathroom brick Cape Cod in Canton, Ohio. Priced at $215,000, this lovely property offers a beautifully renovated interior, a finished lower level, and a fenced backyard with a patio, storage shed, and fire pit. Step inside this charming home and be greeted by an expansive living room that has been expanded to provide more space for you to relax and entertain. The living room features stunning hardwood floors that add warmth and character to the space. The updated kitchen is a chef's dream, boasting Republic Steel cabinets, granite countertops, and a newer refrigerator. On the main level, you'll find a beautifully updated full bath with new tub fixtures, as well as a cozy bedroom with hardwood floors and two closets. Head upstairs to discover a fantastic master bedroom with built-in dressers, hardwood floors, and plenty of storage space. The second level also features a hall with built-in storage, attic access, and a second dormer nook, making it a perfect spot for a home office or reading nook. The finished lower level of the home is a great spot for entertaining or relaxing, with a family room, a third bedroom with two large closets, and a full bath with a new sink faucet and tub fixtures. The hall features a finished flex space currently used as a walk-in closet, while the utility room with laundry hookup and tool or storage room provide ample space for all your storage needs. A breezeway connects the house to the 1-car garage with a newer opener, storage above, and backyard access, making it the perfect mudroom/drop spot for your family. Outside, the fenced backyard offers plenty of space for play and relaxation, with a patio, storage shed, and fire pit. The Goliath basketball hoop stays, providing endless hours of fun for kids and adults alike. This stunning home has been lovingly updated throughout, with a new driveway, patio, and sidewalk, new landscaping, and a new roof in 2018. Other updates include water softener and reverse osmosis, newer windows (6-7 yrs), and more. With tons of storage space and so many thoughtful details, this home is a must-see for anyone looking for a cozy and inviting space to call their own. In conclusion, if you're looking for a charming and updated home in a great location, don't miss out on this amazing property. Schedule a showing today and discover all that this lovely Canton home has to offer!
Read More
Categories