Is Lithopolis, 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, Lithopolis has remained a Seller's Market.
Housing Prices in Lithopolis, OH
How much do homes in Lithopolis, OH cost?
Median Sold Price
$387,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lithopolis was $387,000 in May 2024, up 9% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | - | N/A |
2 Bedrooms | $267.5K | $187.5K | -29.9% |
3 Bedrooms | $315.2K | $379.9K | +20.5% |
4 Bedrooms | $388K | $391.6K | +1.0% |
5+ Bedrooms | $383K | $430K | +12.3% |
Summary: Lithopolis 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 29.9%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
Lithopolis | $355K | $387K | +9.0% |
Canal Winchester | $300K | $324.2K | +8.1% |
Bloom Township | $380K | $399.9K | +5.3% |
Canal Winchester | $319K | $325.2K | +2.0% |
Madison Township | $249.6K | $253.1K | +1.4% |
Housing Supply in Lithopolis, OH
How many homes are available in Lithopolis, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Summary: The Lithopolis real estate market had 13 homes for sale in May 2024, a 13.3% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lithopolis 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 decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lithopolis in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Lithopolis, OH
How long does it take to sell a home in Lithopolis, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
82 Days | 148 Days | +79.5% |
Summary: Homes in Lithopolis had an average of 148 days on market in May 2024, up by 79.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Lithopolis; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.