Is North Baltimore, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Baltimore is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, North Baltimore has remained a Seller's Market.

Key Takeaway

North Baltimore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Baltimore, OH

How much do homes in North Baltimore, OH cost?

Median Sold Price

$167,000

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$9,550(+6.1%)

Key Takeaway

Homes in North Baltimore have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in North Baltimore was $167,000 in August 2024, up 6.1% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $73.2K$90K
+22.9%
3 $163K$174.9K
+7.3%
4 $170.5K$135.5K
-20.5%
5+ --
N/A

Summary: North Baltimore housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Henry Township
+7.3%
North Baltimore
+6.1%

Housing Supply in North Baltimore, OH

How many homes are available in North Baltimore, OH?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1714-17.6%

Summary: The North Baltimore real estate market had 14 homes for sale in August 2024, a 17.6% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 119
-18.2%
4 42
-50.0%
5+ 00
0.0%

Summary: The North Baltimore housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Baltimore, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in North Baltimore in August 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for North Baltimore, OH

How long does it take to sell a home in North Baltimore, OH?

Average Sale Time

Aug 2023Aug 2024CHANGE
51 Days57 Days+12.2%

Summary: Homes in North Baltimore had an average of 57 days on market in Aug 2024, up by 12.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Baltimore has remained consistent over time.

Summary: During August 2024, 5 homes were sold in North Baltimore; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in North Baltimore, OH

Nearby Markets to North Baltimore, OH