Ellet Housing Market Report April 2025•Summit County, Ohio

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Housing Prices in Ellet, OH

How much do homes in Ellet, OH cost?

Housing Market Conditions

Is Ellet, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Ellet is a Seller's Market

Difference Since April 2024

Since last year, Ellet has remained a Seller's Market.

Insight

Ellet is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$170,000$125/SqFt
+$11,666
+7.4%

Based on all homes sold in the last 12 months

Insight

Homes in Ellet have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Ellet was $170,000 in April 2025, up 7.4% from last year, and the median price per square foot was $125.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Goodyear Heights
+13.4%
East Akron
+12.7%
Ellet
+7.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$61.3K$73K
+19.1%
2$120K$119.9K
-0.1%
3$165.1K$175K
+6.0%
4$179K$208.5K
+16.5%
5$170K$205K
+20.6%

Summary: Ellet housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +19.1%. The home price for 2 bedroom homes decreased by -0.1%. The home price for 3 bedroom homes increased by +6.0%. The home price for 4 bedroom homes increased by +16.5%. The home price for 5 bedroom homes increased by +20.6%.

How does Ellet, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Ellet, OH

Housing supply in Ellet, OH

How many homes are available in Ellet, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
65Last MonthApr 2025
572 months agoMar 2025
+14.0 %
Change MoMMar – Apr

Summary: The Ellet real estate market had 65 homes for sale in Apr 2025, a 14.0 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
27Last MonthApr 2025
172 months agoMar 2025
+58.8 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
110
-100.0%
21111
0.0%
33444
+29.4%
4910
+11.1%
520
-100.0%

Summary: Ellet housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +29.4%. The inventory for 4 bedroom homes increased by +11.1%. The inventory for 5 bedroom homes decreased by -100.0%.

Asking Price vs. Sold Price

How much do homes in Ellet, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price11 Homes

At Asking Price6 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in Ellet, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Ellet in April 2025, up by 58.8% month-over-month. Of the 27 sold homes, 37% were sold under asking, 22% were sold at asking, and and 41% were sold over asking.

Days on Market for Ellet, OH

How long does it take to sell a home in Ellet, OH?

Breakdown of Home Sale Times

Under 30 Days17 Homes

30 – 90 Days3 Homes

Over 90 Days7 Homes

Insight

Many homes in Ellet are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 27 homes were sold in Ellet; 63% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
45 DaysThis YearApr 2025
40 Days1 year agoApr 2024
+11.3 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Ellet had an average listing age of 45 days in Apr 2025, up by 11.3% compared to the previous year.

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Newest Listings in Ellet, OH

What homes are available in Ellet, OH?

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MLS Disclaimers and Copyright

Based on information from MLS Now, and Columbus and Central Ohio Regional MLS for the period 05/01/2023 - 05/01/2025

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2025, 4:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2025, 12:50:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.