Is Oak Hill, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oak Hill is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Oak Hill was a Neutral Market.

Key Takeaway

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

Housing Prices in Oak Hill, IN

How much do homes in Oak Hill, IN cost?

Median Sold Price

$265,000

$147/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$15,100(+6.0%)

Key Takeaway

Homes in Oak Hill have sold for 6% more than they did a month ago.

Summary: The median home sold price in Oak Hill was $265,000 in September 2024, up 6% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $245K$243.2K
-0.7%
4 $249.9K-
N/A
5+ -$340K
N/A

Summary: Oak Hill housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oak Hill, IN

How many homes are available in Oak Hill, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3746+24.3%

Summary: The Oak Hill real estate market had 46 homes for sale in September 2024, a 24.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 2028
+40.0%
4 1515
0.0%
5+ 11
0.0%

Summary: The Oak Hill housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oak Hill, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Oak Hill in September 2024, up by 33.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Oak Hill, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Oak Hill, IN

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