Is Caledonia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Caledonia was a Neutral Market.
Housing Prices in Caledonia, OH
How much do homes in Caledonia, OH cost?
Median Sold Price
$170,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Caledonia was $170,000 in May 2024, up 18.9% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $114.9K | $150K | +30.5% |
3 Bedrooms | $179.9K | $150.2K | -16.5% |
4 Bedrooms | $135K | $345K | +155.6% |
5+ Bedrooms | $91.5K | $170K | +85.8% |
Summary: Caledonia housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.5%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 155.6%, and 5+ bedroom homes increased by 85.8%.
Median Sold Price Compared To Nearby Cities
Caledonia | $143K | $170K | +18.9% |
Claridon Township | $193K | $189.9K | -1.6% |
Housing Supply in Caledonia, OH
How many homes are available in Caledonia, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Summary: The Caledonia real estate market had 8 homes for sale in May 2024, a 100.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Caledonia housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Caledonia in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Caledonia, OH
How long does it take to sell a home in Caledonia, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 49 Days | +516.7% |
Summary: Homes in Caledonia had an average of 49 days on market in May 2024, up by 516.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Caledonia; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.