Is Fremont, 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, Fremont has remained a Seller's Market.
Key Takeaway
Fremont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fremont, OH
How much do homes in Fremont, OH cost?
Median Sold Price
$144,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Fremont have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Fremont was $144,000 in May 2024, up 2.6% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65.5K | $104.5K | +59.5% |
| 2 Bedrooms | $123K | $126K | +2.4% |
| 3 Bedrooms | $142K | $147.4K | +3.8% |
| 4 Bedrooms | $160K | $172.5K | +7.8% |
| 5+ Bedrooms | $78.9K | $157.5K | +99.5% |
Summary: Fremont housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.5%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 99.5%.
Median Sold Price Compared To Nearby Cities
| Sandusky Township | $146.1K | $158.1K | +8.2% |
| Ballville Township | $190K | $197.5K | +3.9% |
| Fremont | $140.3K | $144K | +2.6% |
Housing Supply in Fremont, OH
How many homes are available in Fremont, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 85 | 83 | -2.4% |
Summary: The Fremont real estate market had 83 homes for sale in May 2024, a 2.4% decrease 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 | 13 | 11 | -15.4% |
| 3 Bedrooms | 52 | 52 | 0.0% |
| 4 Bedrooms | 16 | 19 | +18.8% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Fremont 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 decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fremont, you could pay more than the asking price. 68% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Fremont in May 2024, down by 16.7% month-over-month. Of the 25 sold homes, 20% were sold under asking, 12% were sold at asking, and 68% were sold over asking.
Days on Market for Fremont, OH
How long does it take to sell a home in Fremont, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 44 Days | +25.2% |
Summary: Homes in Fremont had an average of 44 days on market in May 2024, up by 25.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fremont has remained consistent over time.
Summary: During May 2024, 25 homes were sold in Fremont; 40% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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