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Monday, March 17, 2025

Stark County home valuations rose in January compared to the same period in 2024

Real Estate

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Jamie Walters, Recorder of Stark County | https://cms7files1.revize.com/

Jamie Walters, Recorder of Stark County | https://cms7files1.revize.com/

In January, the median sale price of a home in Stark County rose by $7,100 from the same period in the previous year, while total sales decreased by 70.1%, according to BlockShopper.com.

There were 100 homes sold in January, with a median sale price of $137,000 — a 5.5% increase over the $129,900 median sale price during the same period of the previous year. In comparison, 335 homes were sold in Stark County in January 2024.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Stark County from January 2024 to January 2025.

January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024September 2024October 2024November 2024December 2024January 2025$129,900$129,900$145,000$145,000$150,800$150,800$160,000$160,000$134,500$134,500$172,500$172,500$175,000$175,000$194,950$194,950$160,000$160,000$132,000$132,000$170,000$170,000$104,000$104,000$137,000$137,000

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Stark County Recorder

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