$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 Neutral Market.
Key Takeaway
Ohio is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ohio, NY
How much do homes in Ohio, NY cost?
Median Sold Price
$525,000
$260/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$220,000(+72.1%)
Key Takeaway
Homes in Ohio have sold for 72.1% more than they did a month ago.
Summary: The median home sold price in Ohio was $525,000 in October 2024, up 72.1% from last month, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | - | N/A |
| 2 Bedrooms | - | $235K | N/A |
| 3 Bedrooms | $360K | $525K | +45.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $575K | N/A |
Summary: Ohio housing prices by bedroom type for October 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 increased by 45.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ohio | $305K | $525K | +72.1% |
| Forestport | $157.5K | $245K | +55.6% |
Housing Supply in Ohio, NY
How many homes are available in Ohio, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Ohio real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Ohio housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were 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 3 homes were sold or pending in Ohio in October 2024, up by 50.0% month-over-month. Of the 3 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 104 Days | +40.5% |
Summary: Homes in Ohio had an average of 104 days on market in Oct 2024, up by 40.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ohio are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Ohio; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
