$3,741 Closing Credit*
$315,000
2,208 SqFt
4 Beds
•2 Full Baths
Krista Miller, Listing Office: Leis Realty Company
Is Arcanum, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Arcanum has remained a Seller'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
$191,750
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,250(+3.4%)
Key Takeaway
Homes in Arcanum have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Arcanum was $191,750 in October 2024, up 3.4% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $46K | N/A |
| 2 Bedrooms | $152K | $136K | -10.5% |
| 3 Bedrooms | $177.5K | $194K | +9.3% |
| 4 Bedrooms | $210K | $185K | -11.9% |
| 5+ Bedrooms | $375K | $397.5K | +6.0% |
Summary: Arcanum housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Arcanum | $185.5K | $191.7K | +3.4% |
| Twin Township | $184K | $179.9K | -2.2% |
Housing Supply in Arcanum, OH
How many homes are available in Arcanum, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 27 | +35.0% |
Summary: The Arcanum real estate market had 27 homes for sale in October 2024, a 35.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Arcanum 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arcanum, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Arcanum in October 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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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