Is Defiance County, 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, Defiance County has remained a Seller's Market.
Housing Prices in Defiance County, OH
How much do homes in Defiance County, OH cost?
Median Sold Price
$164,974
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Defiance County was $164,974 in May 2024, up 12.1% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $300K | +361.6% |
2 Bedrooms | $81K | $117.5K | +45.1% |
3 Bedrooms | $145K | $165K | +13.8% |
4 Bedrooms | $191K | $229.9K | +20.4% |
5+ Bedrooms | $245.4K | $332.4K | +35.5% |
Summary: Defiance County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 361.6%, 2 bedroom homes increased by 45.1%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 35.5%.
Median Sold Price Compared To Nearby Counties
Paulding County | $126K | $142.5K | +13.1% |
Defiance County | $147.1K | $164.9K | +12.1% |
Henry County | $152.5K | $162K | +6.2% |
Williams County | $145K | $148.8K | +2.6% |
Housing Supply in Defiance County, OH
How many homes are available in Defiance County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
90 | 82 | -8.9% |
Summary: The Defiance County real estate market had 82 homes for sale in May 2024, a 8.9% 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 | 17 | 17 | 0.0% |
3 Bedrooms | 55 | 52 | -5.5% |
4 Bedrooms | 15 | 11 | -26.7% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Defiance County 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 5.5%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 28 | -15.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Defiance County in May 2024, down by 15.2% month-over-month. Of the 27 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Defiance County, OH
How long does it take to sell a home in Defiance County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 55 Days | -11.0% |
Summary: Homes in Defiance County had an average of 55 days on market in May 2024, down by 11% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Defiance County; 11% of homes were sold within 30 days, 82% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.