$711 Closing Credit*
$59,900
1,452 SqFt
3 Beds
•1 Full Bath
Marie A Houston, Listing Office: WEICHERT REALTORS - Welcome Agency
Is Alliance, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Alliance has remained a Seller's Market.
Key Takeaway
Alliance is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alliance, OH
How much do homes in Alliance, OH cost?
Median Sold Price
$152,889
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,964(+5.5%)
Key Takeaway
Homes in Alliance have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Alliance was $152,889 in November 2024, up 5.5% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $129.6K | +159.2% |
| 2 Bedrooms | $105K | $130.1K | +24.0% |
| 3 Bedrooms | $147K | $157.5K | +7.1% |
| 4 Bedrooms | $184.2K | $170.4K | -7.5% |
| 5+ Bedrooms | $134K | $235.7K | +75.9% |
Summary: Alliance housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 159.2%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 75.9%.
Median Sold Price Compared To Nearby Cities
| Knox Township | $183.5K | $231.8K | +26.4% |
| Lexington Township | $199.9K | $216.2K | +8.2% |
| Alliance | $144.9K | $152.8K | +5.5% |
| Smith Township | $185K | $177.5K | -4.1% |
| Washington Township | $239.9K | $220K | -8.3% |
Housing Supply in Alliance, OH
How many homes are available in Alliance, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 116 | 100 | -13.8% |
Summary: The Alliance real estate market had 100 homes for sale in November 2024, a 13.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 12 | -36.8% |
| 3 Bedrooms | 59 | 57 | -3.4% |
| 4 Bedrooms | 27 | 23 | -14.8% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Alliance housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.8%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alliance, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Alliance in November 2024, down by 20.0% month-over-month. Of the 23 sold homes, 48% were sold under asking, 17% were sold at asking, and 35% were sold over asking.
Days on Market for Alliance, OH
How long does it take to sell a home in Alliance, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 29 Days | +51.4% |
Summary: Homes in Alliance had an average of 29 days on market in Nov 2024, up by 51.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alliance are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in Alliance; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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