Is Ohio, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ohio is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ohio has remained a Seller's 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

$305,000

$242/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$105,000(+52.5%)

Key Takeaway

Homes in Ohio have sold for 52.5% more than they did a month ago.

Summary: The median home sold price in Ohio was $305,000 in September 2024, up 52.5% from last month, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 -$250K
N/A
2 $200K-
N/A
3 $200K$360K
+80.0%
4 --
N/A
5+ --
N/A

Summary: Ohio 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 increased by 80%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ohio, NY

How many homes are available in Ohio, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1611-31.3%

Summary: The Ohio real estate market had 11 homes for sale in September 2024, a 31.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 32
-33.3%
2 32
-33.3%
3 75
-28.6%
4 00
0.0%
5+ 32
-33.3%

Summary: The Ohio housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ohio, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ohio in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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

Aug 2024Sep 2024CHANGE
56 Days74 Days+33.0%

Summary: Homes in Ohio had an average of 74 days on market in Sep 2024, up by 33% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ohio has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Ohio; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 29 Days Ago

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