$652 Closing Credit*
$54,900
851 SqFt
2 Beds
•1 Full Bath
Carolyn A Turnbull, Listing Office: Gary W. Cain Realty & Auctioneers,LLC
Is Amsterdam, 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, Amsterdam has remained a Seller's Market.
Key Takeaway
Amsterdam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Amsterdam, OH
How much do homes in Amsterdam, OH cost?
Median Sold Price
$124,900
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$17,100(-12.0%)
Key Takeaway
Homes in Amsterdam have sold for 12% less than they did a year ago.
Summary: The median home sold price in Amsterdam was $124,900 in November 2024, down 12% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82.5K | $120K | +45.5% |
| 2 Bedrooms | $108.5K | $100K | -7.8% |
| 3 Bedrooms | $108K | $133.5K | +23.6% |
| 4 Bedrooms | $285K | - | N/A |
| 5+ Bedrooms | $310K | $600K | +93.5% |
Summary: Amsterdam housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.5%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 23.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 93.5%.
Median Sold Price Compared To Nearby Cities
| Springfield Township | $170.1K | $180K | +5.8% |
| Amsterdam | $142K | $124.9K | -12.0% |
| Amsterdam | $149K | $122.4K | -17.8% |
Housing Supply in Amsterdam, OH
How many homes are available in Amsterdam, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Amsterdam real estate market had 13 homes for sale in November 2024, a 8.3% increase 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Amsterdam 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Amsterdam, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Amsterdam in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Amsterdam, OH
How long does it take to sell a home in Amsterdam, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 85 Days | +119.7% |
Summary: Homes in Amsterdam had an average of 85 days on market in Nov 2024, up by 119.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Amsterdam are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Amsterdam; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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