Is Amsterdam, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amsterdam is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Amsterdam was a Buyer's Market.

Key Takeaway

Amsterdam is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Amsterdam, OH

How much do homes in Amsterdam, OH cost?

Median Sold Price

$127,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$22,000(-14.8%)

Key Takeaway

Homes in Amsterdam have sold for 14.8% less than they did a year ago.

Summary: The median home sold price in Amsterdam was $127,000 in October 2024, down 14.8% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $82.5K$120K
+45.5%
2 $122K$108K
-11.5%
3 $117.5K$133.5K
+13.6%
4 $285K-
N/A
5+ $310K$600K
+93.5%

Summary: Amsterdam housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.5%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 93.5%.

Median Sold Price Compared To Nearby Cities

Springfield Township
+5.8%
Amsterdam
-10.6%
Amsterdam
-14.8%

Housing Supply in Amsterdam, OH

How many homes are available in Amsterdam, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1113+18.2%

Summary: The Amsterdam real estate market had 13 homes for sale in October 2024, a 18.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 45
+25.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Amsterdam housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amsterdam, 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 Amsterdam in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
107 Days74 Days-30.4%

Summary: Homes in Amsterdam had an average of 74 days on market in Oct 2024, down by 30.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Amsterdam are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Amsterdam; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Amsterdam, OH

Nearby Markets to Amsterdam, OH