The present housing market in Stow is down with high active listings and low sales volume. Home prices have decreased 12.3% in the past month. At the current pace, all available homes in Stow would sell out in just 1.6 months, indicating a continued supply shortage. Homes are taking about 14 days to sell, which is 3 days longer than this time last year. Approximately 40.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Stow market with the affordability index at 33.8. Based on current market indicators, home prices in Stow are projected to increase by approximately 4.7% over the next month.
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