$145,000
129.10 Acres
Land
Kathleen Hanna, Listing Office: Howard Hanna Cny Inc
Is Ohio, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Ohio was a Seller's Market.
Key Takeaway
Ohio is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ohio, NY
How much do homes in Ohio, NY cost?
Median Sold Price
$215,000
$286/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$172,500(-44.5%)
Key Takeaway
Homes in Ohio have sold for 44.5% less than they did a month ago.
Summary: The median home sold price in Ohio was $215,000 in November 2024, down 44.5% from last month, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $215K | -8.5% |
| 3 Bedrooms | $525K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $412.5K | - | N/A |
Summary: Ohio housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ohio | $387.5K | $215K | -44.5% |
| Forestport | $245K | $90K | -63.3% |
Housing Supply in Ohio, NY
How many homes are available in Ohio, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Summary: The Ohio real estate market had 8 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Ohio housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ohio, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Ohio in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ohio, NY
How long does it take to sell a home in Ohio, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 111 Days | 13 Days | -88.3% |
Summary: Homes in Ohio had an average of 13 days on market in Nov 2024, down by 88.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ohio are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Ohio; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
