STAR Housing Stats | May 2025

The STAR May Housing STATS are now available for you to review and/or share. The images below represent a Single-Family & Town Home Listing Analysis of Stark, Trumbull, & Carroll Counties.

According to the May Monthly Indicator Report published by MLS Now, June 11, 2025.

"U.S. existing-home sales dipped 0.5% month-over-month and 2.0% yearover-year to a seasonally adjusted annual rate of 4.00 million units, according to the National Association of REALTORS® (NAR). Sales increased in the Midwest, decreased in the West and Northeast, and were unchanged in the South. Year-over-year, sales were down in every region except the Northeast.

New Listings increased 3.6 percent for Single Family homes but decreased 12.2 percent for Townhouse/Condo homes. Pending Sales decreased 5.7 percent for Single Family homes but increased 2.6 percent for Townhouse/Condo homes. Inventory increased 30.5 percent for Single Family homes and 44.9 percent for Townhouse/Condo homes.

Median Sales Price increased 5.9 percent to $207,000 for Single Family homes and 6.8 percent to $224,250 for Townhouse/Condo homes. Days on Market increased 15.2 percent for Single Family homes but decreased 3.8 percent for Townhouse/Condo homes. Months Supply of Inventory
increased 26.7 percent for Single Family homes and 43.8 percent for Townhouse/Condo homes.

There were 1.45 million units actively for sale heading into May, a 9.0% increase from the previous month and a 20.8% improvement from the same time last year, for a 4.4-month supply at the current sales pace, according to NAR. The median existing-home price edged up 1.8% year-over-year to $414,000 as of last measure, the 22nd consecutive month of annual price increases and a new record high for the month. " CLICK HERE to download the complete Monthly Indicator Report

Quick Facts

Residential activity in Carroll, Stark, and Trumbull counties combined composed of single family and townhouse/condo properties. Percent changes are calculated using rounded figures. Comparison May 2024 vs. May 2025.