Is Belmont County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Belmont County was a Seller's Market.
Housing Prices in Belmont County, OH
How much do homes in Belmont County, OH cost?
Median Sold Price
$149,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Belmont County was $149,000 in May 2024, up 6.8% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $35K | $64.9K | +85.4% |
2 Bedrooms | $98.4K | $95K | -3.5% |
3 Bedrooms | $152.1K | $155K | +1.9% |
4 Bedrooms | $187.5K | $222K | +18.4% |
5+ Bedrooms | $264K | $281.7K | +6.7% |
Summary: Belmont County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.4%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Counties
Belmont County | $139.4K | $149K | +6.8% |
Harrison County | $140K | $145K | +3.6% |
Jefferson County | $127.7K | $132K | +3.4% |
Housing Supply in Belmont County, OH
How many homes are available in Belmont County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
202 | 224 | +10.9% |
Summary: The Belmont County real estate market had 224 homes for sale in May 2024, a 10.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 40 | 42 | +5.0% |
3 Bedrooms | 113 | 130 | +15.0% |
4 Bedrooms | 37 | 36 | -2.7% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Belmont County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 30 | -23.1% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Belmont County in May 2024, down by 23.1% month-over-month. Of the 30 sold homes, 73% were sold under asking, 10% were sold at asking, and 17% were sold over asking.
Days on Market for Belmont County, OH
How long does it take to sell a home in Belmont County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
71 Days | 82 Days | +14.9% |
Summary: Homes in Belmont County had an average of 82 days on market in May 2024, up by 14.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Belmont County; 17% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.