Is Kettering, 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, Kettering has remained a Seller's Market.
Housing Prices in Kettering, OH
How much do homes in Kettering, OH cost?
Median Sold Price
$229,757
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kettering was $229,757 in May 2024, up 4.5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114.2K | $115K | +0.7% |
2 Bedrooms | $143.7K | $152.5K | +6.1% |
3 Bedrooms | $204.9K | $220K | +7.4% |
4 Bedrooms | $275K | $301.5K | +9.6% |
5+ Bedrooms | $345K | $354.9K | +2.9% |
Summary: Kettering housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
Oakwood | $310K | $360K | +16.1% |
Washington Township | $305K | $334.6K | +9.7% |
Centerville | $270.5K | $294.5K | +8.9% |
Beavercreek | $285K | $304.9K | +7.0% |
Kettering | $219.8K | $229.7K | +4.5% |
Housing Supply in Kettering, OH
How many homes are available in Kettering, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
202 | 185 | -8.4% |
Summary: The Kettering real estate market had 185 homes for sale in May 2024, a 8.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 26 | 29 | +11.5% |
3 Bedrooms | 117 | 101 | -13.7% |
4 Bedrooms | 46 | 41 | -10.9% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Kettering housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
85 | 77 | -9.4% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 77 homes were sold or pending in Kettering in May 2024, down by 9.4% month-over-month. Of the 77 sold homes, 31% were sold under asking, 29% were sold at asking, and 40% were sold over asking.
Days on Market for Kettering, OH
How long does it take to sell a home in Kettering, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 48 Days | +14.8% |
Summary: Homes in Kettering had an average of 48 days on market in May 2024, up by 14.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
48 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 77 homes were sold in Kettering; 29% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.