Is Negley, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Negley has remained a Seller's Market.
Key Takeaway
Negley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Negley, OH
How much do homes in Negley, OH cost?
Median Sold Price
$249,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Negley have sold for 25.5% less than they did a year ago.
Summary: The median home sold price in Negley was $249,500 in May 2024, down 25.5% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $147.7K | $130.6K | -11.6% |
| 3 Bedrooms | $309.5K | $224K | -27.6% |
| 4 Bedrooms | $550K | $695K | +26.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Negley 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 decreased by 11.6%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Beaver Township | $221.2K | $275K | +24.3% |
| Saint Clair Township | $197.8K | $178K | -10.0% |
| Middleton Township | $225K | $195K | -13.3% |
| Negley | $334.7K | $249.5K | -25.5% |
Housing Supply in Negley, OH
How many homes are available in Negley, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Negley real estate market had 9 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Negley 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Negley, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Negley in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Negley, OH
How long does it take to sell a home in Negley, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 53 Days | 54 Days | +2.8% |
Summary: Homes in Negley had an average of 54 days on market in May 2024, up by 2.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Negley has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Negley; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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