Is Wood 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, Wood County has remained a Seller's Market.
Housing Prices in Wood County, OH
How much do homes in Wood County, OH cost?
Median Sold Price
$260,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wood County was $260,000 in May 2024, up 3.9% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94.5K | $106.2K | +12.4% |
2 Bedrooms | $155K | $182.5K | +17.7% |
3 Bedrooms | $227.2K | $235K | +3.4% |
4 Bedrooms | $346K | $359.5K | +3.9% |
5+ Bedrooms | $437.4K | $490K | +12.0% |
Summary: Wood County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.4%, 2 bedroom homes increased by 17.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Counties
Lucas County | $150.1K | $159.9K | +6.6% |
Henry County | $152.5K | $162K | +6.2% |
Wood County | $250.2K | $260K | +3.9% |
Sandusky County | $150K | $155K | +3.3% |
Hancock County | $214.9K | $221.3K | +3.0% |
Housing Supply in Wood County, OH
How many homes are available in Wood County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
313 | 359 | +14.7% |
Summary: The Wood County real estate market had 359 homes for sale in May 2024, a 14.7% increase 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 | 35 | 37 | +5.7% |
3 Bedrooms | 145 | 162 | +11.7% |
4 Bedrooms | 104 | 128 | +23.1% |
5+ Bedrooms | 29 | 32 | +10.3% |
Summary: The Wood 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 increased by 5.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
91 | 113 | +24.2% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
64 Homes Were Sold
Over Asking
Summary: A total of 113 homes were sold or pending in Wood County in May 2024, up by 24.2% month-over-month. Of the 111 sold homes, 24% were sold under asking, 18% were sold at asking, and 58% were sold over asking.
Days on Market for Wood County, OH
How long does it take to sell a home in Wood County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
57 Days | 59 Days | +3.4% |
Summary: Homes in Wood County had an average of 59 days on market in May 2024, up by 3.4% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
59 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During May 2024, 113 homes were sold in Wood County; 33% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.