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.