New - 3 days on Rocket
$1,484 Closing Credit¹
Ryan Stimac, Listing Office: Real of Ohio
Norton Housing Market Report December 2024•Summit County, Ohio
Housing Prices in Norton, OH
How much do homes in Norton, OH cost?
Housing Market Conditions
Is Norton, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Norton is a Seller's Market
Difference Since December 2023
Since last year, Norton has remained a Seller's Market.
Insight
Norton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$240,000$146/SqFt
+$10,000
+4.3%
Based on all homes sold in the last 12 months
Insight
Homes in Norton have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Norton was $240,000 in December 2024, up 4.3% from last year, and the median price per square foot was $146.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| New Franklin | $225K | $260K | +15.6% |
| Chippewa Township | $248.2K | $275K | +10.8% |
| Barberton | $144.8K | $155K | +7.0% |
| Norton | $230K | $240K | +4.3% |
| Copley Township | $320K | $317.5K | -0.8% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $150K | N/A |
| 22 Bedrooms | $155K | $185K | +19.4% |
| 33 Bedrooms | $224.2K | $236.3K | +5.4% |
| 44 Bedrooms | $275K | $332.5K | +20.9% |
| 55+ Bedrooms | $204K | $392K | +92.2% |
Summary: Norton housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +19.4%. The home price for 3 bedroom homes increased by +5.4%. The home price for 4 bedroom homes increased by +20.9%. The home price for 5 bedroom homes increased by +92.2%.
Housing supply in Norton, OH
How many homes are available in Norton, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthDec 2024 | ||
| 392 months agoNov 2024 | -20.5 % Change MoMNov – Dec |
Summary: The Norton real estate market had 31 homes for sale in Dec 2024, a 20.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthDec 2024 | ||
| 102 months agoNov 2024 | +50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 23 | 16 | -30.4% |
| 44 Bedrooms | 11 | 12 | +9.1% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Norton housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes decreased by -30.4%. The inventory for 4 bedroom homes increased by +9.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Norton, OH cost?
Over Asking Price7 Homes
At Asking Price3 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Norton, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Norton in December 2024, up by 50.0% month-over-month. Of the 15 sold homes, 33% were sold under asking, 20% were sold at asking, and and 47% were sold over asking.
Days on Market for Norton, OH
How long does it take to sell a home in Norton, OH?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days8 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Norton has remained consistent over time.
Summary: During December 2024, 15 homes were sold in Norton; 47% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 33 DaysThis YearDec 2024 | ||
| 87 Days1 year agoDec 2023 | -61.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Norton had an average listing age of 33 days in Dec 2024, down by 61.7% compared to the previous year.
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Newest Listings in Norton, OH
What homes are available in Norton, OH?
New - 3 days on Rocket
$2,433 Closing Credit¹
Journey Toole, Listing Office: Keller Williams Living
New - 3 days on Rocket
$1,899 Closing Credit¹
Amy L Hoes, Listing Office: EXP Realty, LLC.
New - 6 days on Rocket
$4,274 Closing Credit¹
Laurie Chervenic, Listing Office: Keller Williams Chervenic Rlty
Backup offers
$3,088 Closing Credit¹
Amanda J Ondrey, Listing Office: M. C. Real Estate
$2,849 Closing Credit¹
Jon Legato, Listing Office: Century 21 DeAnna Realty
Backup offers
$3,443 Closing Credit¹
Debra G Shreiner, Listing Office: Helen Scott Realty LLC
Backup offers
$7,980 Closing Credit¹
Amanda J Ondrey, Listing Office: M. C. Real Estate
Kelly M LaMonica, Listing Office: Keller Williams Chervenic Rlty
$7,005 Closing Credit¹
Mark E Miller, Listing Office: Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
$2,494 Closing Credit¹
Kim Pelsoczi, Listing Office: Keller Williams Living
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 01/01/2023 - 01/01/2025
Copyright 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: 1/27/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.