$3,206 Closing Credit*
$270,000
2,164 SqFt
4 Beds
•2 Full Baths, 1 Partial
Preston Hillard, Listing Office: eXp Realty
Is Arcanum, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Arcanum was a Buyer's Market.
Key Takeaway
Arcanum is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arcanum, OH
How much do homes in Arcanum, OH cost?
Median Sold Price
$194,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,750(+4.7%)
Key Takeaway
Homes in Arcanum have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Arcanum was $194,000 in November 2024, up 4.7% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $46K | N/A |
| 2 Bedrooms | $125.7K | $153K | +21.7% |
| 3 Bedrooms | $180K | $195.2K | +8.5% |
| 4 Bedrooms | $195.5K | $277K | +41.7% |
| 5+ Bedrooms | $375K | $398.7K | +6.3% |
Summary: Arcanum housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
| Arcanum | $185.2K | $194K | +4.7% |
| Twin Township | $187K | $182.5K | -2.4% |
Housing Supply in Arcanum, OH
How many homes are available in Arcanum, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Arcanum real estate market had 25 homes for sale in November 2024, a 3.8% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Arcanum 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 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Arcanum, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Arcanum in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Arcanum, OH
We’re sorry, we don't have information for this market at the moment
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