Is Seneca 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, Seneca County has remained a Seller's Market.
Key Takeaway
Seneca County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seneca County, OH
How much do homes in Seneca County, OH cost?
Median Sold Price
$159,900
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Seneca County have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in Seneca County was $159,900 in May 2024, up 14.2% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | $30K | -55.2% |
| 2 Bedrooms | $119K | $125K | +5.0% |
| 3 Bedrooms | $138.3K | $166K | +20.0% |
| 4 Bedrooms | $188.7K | $210K | +11.3% |
| 5+ Bedrooms | $168.5K | $200K | +18.7% |
Summary: Seneca County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.2%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 18.7%.
Median Sold Price Compared To Nearby Counties
| Seneca County | $140K | $159.9K | +14.2% |
| Crawford County | $145K | $165.5K | +14.1% |
| Huron County | $165K | $176K | +6.7% |
| Sandusky County | $150K | $155K | +3.3% |
| Hancock County | $214.9K | $221.3K | +3.0% |
Housing Supply in Seneca County, OH
How many homes are available in Seneca County, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 124 | 123 | -0.8% |
Summary: The Seneca County real estate market had 123 homes for sale in May 2024, a 0.8% 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 | 20 | 18 | -10.0% |
| 3 Bedrooms | 77 | 74 | -3.9% |
| 4 Bedrooms | 25 | 29 | +16.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Seneca 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 decreased by 10%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 16%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 33 | +22.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seneca County, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Seneca County in May 2024, up by 22.2% month-over-month. Of the 33 sold homes, 58% were sold under asking, 18% were sold at asking, and 24% were sold over asking.
Days on Market for Seneca County, OH
How long does it take to sell a home in Seneca County, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 61 Days | +52.7% |
Summary: Homes in Seneca County had an average of 61 days on market in May 2024, up by 52.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Seneca County has remained consistent over time.
Summary: During May 2024, 33 homes were sold in Seneca County; 21% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.